I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Saturday, August 14, 2010

Back at Support

The SPX? .... nope, the NIKKEI. The NIKKEI is now testing critical support for the 4th time. If it doesn't stage a major turnaround right here then things look like they could accelerate down quickly.

Here are my long EW counts for the NIKKEI which I have shown previously: http://marketthoughtsandanalysis.blogspot.com/search/label/Asia

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