The sharp drop in the Nikkei yesterday was caused by defying the laws of nature and rapidly strengthening the yen. Repeatedly intervening in the exchange rate, which should not have been done during this period, and rushing to raise interest rates by 0.25%, led to a rapid appreciation of the yen. At that moment, foreign investors, seizing the opportunity of the yen's appreciation due to concerns about the recession in the United States, withdrew from the market in large numbers, resulting in a tragedy.
It is really unfortunate to imagine what path the Japanese stock market, which has been led by overseas investors, will take in the future.

The Tokyo stock exchange rate was hit by a sharp drop on the 2nd. The Nikkei Stock Average compared to the previous day5.81% lowerWhat is TOPIX6.14% lowerIt was a drastic decline, and from the market”It's almost a disaster (disaster/ disaster)There was also a voice saying”. While the exchange rate turned to a strong yen trend, the US economic indicators announced the day before showed concerns about the economic outlook,Accelerate the withdrawal of funds from tech stocksI made it. The decline in the Nikkei Average on a closing price basis was 2,216 yen, making it the second largest in history after 1987/10/20, the day after Black Monday. Since it plummeted at a high price level, the range of decline increased. The target is Japan timeJuly US employment statistics announced at 9:30 p.m. on the 2ndSo, it is being closely watched to see if there is any softening that exceeds market expectations.
Will Nikkei break through the long-term moving average
From the high price of 0.04 million2426.77 yen on the 2nd, most recently on 7/1115% declineThat's what I did. What is the candlestick for 2 days on the chartThe 200-day moving average was broken by a long dark line. Since the underbeard is also very short, the buying pressure is weak,Sales have an overwhelming advantageIt became. It is a situation where long-term investment funds cannot enter due to large fluctuations in exchange rates and stocks. TOPIX also surpassed 10% from the 7/11 high...