As you can see the Nikkei 225 is bleeding at the moment, and more bleed was had today over in ASIA.
If you look at the nikkei 225 daily chart you can see that we are nearing support of a longer term rising support line that goes right back to December 2012.
If we break this rising support line there could be more trouble. Not a reason to panic yet, but the next few days will be important for Japan and the Asian markets.
Nikkei was 15,700 last week. It was 13,900 about an hour ago.
That's a 12% decline. That's a a lot of wealth being destroyed in the name of a "Government Experiment" (QE).
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| nikkei 225 bleeds |
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