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.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5u7DQGqhSjzjQDBULFnpppTKY-UFNH7c0aNryxfRTfQX4nyHGvOzB4iAYabBZ1nX7qF7A8FSzanWlZTIE-XYaHE7zOTC1NomHqw6EfGSJPm0dg2W9tbkjN4cVXhPn1jsu7JmAwbA-2AkC/s320/0binve-001-201.png)
Here are my long EW counts for the NIKKEI which I have shown previously:
http://marketthoughtsandanalysis.blogspot.com/search/label/Asia![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOW75NU-9uNPJTdLPpUd-cQTQECuBlh34wvqNPRLYc1ZoEhaVhgKC061J6Kplj6q1DOoYEKZloAN2mF04jTJqaSSVsigkN2MeCFrCGNohf_Pr4zFp1rO61Na8yPjd1L-SeritRLowqBoJ3/s320/0binve-001-202.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiGrZJGg8ldTyRXktqwDzwn4ZmV5o6qA-JnSKnZMEBQMd56C6-BJOi5e5bCG3EzMz1DZ1aDgnrPZluc_SlKdBLSJvMw6dfCn0LKaa7Y99PpZzBDDYiStKQK7Rv9xnBkEKy5JgvvfhdiFyy9/s320/0binve-001-203.png)