Technical Analysis – JP 225 index unable to decisively close above 50.0% Fibonacci

JP 225 stock index (Cash) appears mostly flat in the very near-term as it edges sideways into the Ichimoku cloud, capped by the 50-day simple moving average (SMA) residing at the 19,779 border, that being the 50.0% Fibonacci retracement of the down leg from 24,162 to 15,384. Extra neutral signals are reflected in the flattened […]