Japanese stocks are still going down. It is expected to remain sluggish for a while.
Check the #JapaneseStocks at the beginning of the week ✅
- #Nikkei Average futures are around 33,400 yen, almost the same as the current price
- It has been in this price range for 12 days, but it is uncertain which way it will break out
- Two lines are blocking the way, and the situation continues without going up
The strong yen trend is also a burden on USD/JPY.
There are many events this week, especially focusing on MSQ.
The advance-decline ratio is 117.32, showing a tendency towards decline.
Will it decline to MSQ as promised?
Many events this week such as US employment statistics and Japanese MSQ.
On Tuesday at 24:00, US ISM non-manufacturing business activity index, US JOLTS job openings.
On Wednesday at 22:15, US ADP employment statistics.
On Friday at 09:00, Japanese MSQ at 22:30.
US employment statistics
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