Buy Alert: Nikkei Stock Index (NKD M5)

I got caught out on the Nikkei Short Signal, and was subsequently stopped early today. This afternoon has produced a Buy Signal. The trend is up across the equity space. Money is flowing into the DAX, which leads all major international equity indices. The Nikkei has been a strong performer as per the chart below and latest ‘blue’ up arrow buy signal. My stop sits below the latest pull back at the 18,400 level.  I could see 19,500 on the Nikkei in the short term.

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