Monday, May 4, 2015

Nikkei: begins May on an uncertain note. – ABC Bourse


(CercleFinance.com) – Tokyo was closed on Monday, May 4: the Nikkei started the month of May by a near stagnation (+ 0.06% to 19.531Pts) suggesting that the market remains somewhat KO after the plunge of -2.7% last Thursday until about 19,520.
The Nikkei had opened a big “gap” Thursday in 20.030 and validated a clean break of the support of 19.700Pts. He confirmed the bearish scenario testing at the lowest 19.400Pts Friday
must now monitor the eventual sinking of 19.500Pts fence: the next goal would be the floor from April 1 registered 19.030Pts

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