Namair, I'm assuming a formation of a h&S top. Look at the Nikkei tonight. It's below 16,000, and 15000 or 15,500 will make a nice neckline for a H&S top, with a right shoulder due around 17000: <A HREF="http://finance.yahoo.com/q/bc?s=%5EN225&t=6m&l=on&z=m&q=l&c=" target="_blank">http://finance.yahoo.com/q/bc?s=%5EN225&t=6m&l=on&z=m&q=l&c=</A>