Nikkei rebounds as the 10000Pts (MM150) and back to square one, ie the level that was his May 2 before a long bridge of three days (Feast of the cherry).
The index is up 1.5% and subsequently falls in contact 9.850Pts (which closes the "gap" of 29 April), which indicates the risk of "false exit upward" toward the 10.220Pts (floor, 31 January) then 10.254Pts ('gap' bearish March 10) and 10.410Pts ('gap' of 9 March).
The Nikkei could relapse into contact 9.700Pts (MM20).
The index is up 1.5% and subsequently falls in contact 9.850Pts (which closes the "gap" of 29 April), which indicates the risk of "false exit upward" toward the 10.220Pts (floor, 31 January) then 10.254Pts ('gap' bearish March 10) and 10.410Pts ('gap' of 9 March).
The Nikkei could relapse into contact 9.700Pts (MM20).
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