The results for Japanese stocks were disappointing. Notice how far it can be pushed back by adjustments from here on out.
Even though it's negative, it's still in the high price range, so will there be a further decline starting tomorrow? Depending on that, it may be better to think of it as starting another step of adjustment. Click here for a chart of the Nikkei Average.
TOPIX is similar, and there is room for adjustment as it has risen, so don't let your guard down. The Mothers were also eventually played on the line and returned to the triangle, so I think it's amazing.
The gain/fall ratio is still at a high level of 126.25. I would like to decide on targets again while paying attention again to how deep adjustments will be made. This week is PCE on Friday, and since there will be FOMC early next week, it seems that the market with a high level of difficulty will continue.
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