Hey, Do you Remember the 80s?
The NIKKEI sure does. It is reliving its 80s glory years: Miami Vice, Member's Only jackets, The Breakfast Club, Walkman's, etc. But at this rate, they will be revisiting the 1970s.
Because critical support has been broken. The NIKKEI is now trading below the levels seen in May ... of 2009
If you recall my last post on the NIKKEI: Back at Support, I was showing the critical support line just above 9000.
It is now gone. This does not bode well at all.