7/4 Featured Charts
Today's 4th is ATR trend and +DI (lower red line). +DI has surpassed 42.
This is an abnormal strength since 39 is in the ceiling area from late February to early March.
This is an abnormal strength since 39 is in the ceiling area from late February to early March.
TOPIX has also surpassed its high for the first time in 34 years, and bandwalk has exploded.
So, this +DI surpassed +39 by 3 degrees last time (screen left) and 2 degrees in January. In March, it was lowered 1 time, then the high price was updated 1 more time, and it was at the ceiling. So, if this +DI falls below 39, I think a ceiling zone alert is necessary.
So, this +DI surpassed +39 by 3 degrees last time (screen left) and 2 degrees in January. In March, it was lowered 1 time, then the high price was updated 1 more time, and it was at the ceiling. So, if this +DI falls below 39, I think a ceiling zone alert is necessary.
That said, +DI over 39 is a pretty strong market, so at present, an increase is the only option.
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