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Japan

8th June: The daily chart now shows a breakout from a bottom. Target of 11,500 has a good chance.

Current target

Long term: 1. double bottom points to 10,600 (weekly)
                   2. double bottom points to 11,500 (daily)

Currency: none




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Charts current to 5th June, except where otherwise indicated


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The bottom in green has now broken out. Good chance of 11,500 while the pink support holds.

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Charts below current to 29th May.
The weekly chart shows a breakout from a double bottom. With luck it is a leading indicator.

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Supports and resistances. The pattern in green is an interesting guess. Log target would be somewhat less extravagant, at around 70. Support at 100.

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