Saturday, June 7, 2014

Weekly Market Reivew N225

N225 closed at 15,077.24 on Friday, 6-Jun-2014, gained 444.86 (3.04%) over the last 5 days.  NKVI moved up 0.41 (2.08%) ending the week at 20.16.

The two jumps on Monday and Tuesday, propel N225 to be above 15,000.  Thereafter, N225 was defending 15,000.  And it was successful.

In fact, N225 was trying to challenge the previous high at 15,164.39.  Friday high of 15,144.34 is just a mere 20 points away.  With another record high by S&P 500 on Friday, we could see N225 break the previous high on Monday.  And maybe the previous previous high at 15312.60.

I will stop writing about NKVI as there is nothing to write about the past many weeks.  It has been on the low for a long time.  I do not know how to use this info to trade.  Or to say another way, I don't find NKVI info useful in my trading, for now.

SPX closed at 1949.44, record high, up 8.98 points on Friday.  This would likely push N225 above 15,164.39 or 15312.60, the last two previous high, on Monday.

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