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techcharter

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Alias Born 06/03/2004

techcharter

Re: None

Wednesday, 06/16/2004 7:32:41 AM

Wednesday, June 16, 2004 7:32:41 AM

Post# of 51848
Nikkei in an intraday wave 4 of 5.

It looks like the end of the Nikkei rally could end in the next session as the index pulled back (wave 4) from the opening surge (wave 3) and then started to rally into the clsoe (beginning of wave 5)

http://finance.yahoo.com/q/bc?t=5d&l=on&z=m&q=l&p=&a=&c=&s=%5En225

What is interesting to observe is how the Hang Seng showed only half the gains of the nikkei, and never challenge last weeks highs.

Germany didn't break last weeks highs. Maybe it is waiting for the US markets to give it a boost.
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