Topix (and Nikkei Dow)
Continuation patterns continue to develop in the Japanese stock market indexes. The Topix Index traded in Osaka (TSE) displays a 12-week continuation rectangle (Mar 2 was an out-of-line movement).
While the measured target in Topix is 1633, a swing target of 1775 is possible.
The Nikkei Dow also displays a triangular consolidation.
Factor is currently flat – However I am willing to take a shot at the Topix. While the measured target in Topix is 1633, a swing target of 1775 is possible.
Factor Membership
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Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:
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View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work. Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about. For more information watch my 30 minute webinar where we cover the Factor service in depth.
I hope you will consider joining the Factor community.
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