The Nikkei 225 extended its winning streak to 4 days, closing at ¥68,713.80. The intraday high reached ¥69,608.24, and the Ichimoku chart completed its bullish three-line formation as the index broke above the top of the cloud.
The Nikkei 225 extended its winning streak to 4 trading days on the 14th, closing at ¥68,713.80, up ¥405.21 from the previous day. The candlestick was a small bearish one, but the intraday high exceeded the previous day's level.
The intraday high reached ¥69,608.24. The five- and 25-day moving averages below the index turned upward, providing support for the broader market.
On the Ichimoku chart, the closing level broke above the top of the cloud, completing the bullish three-line formation. The weekend close also moved above the 13-week moving average for the first time in four weeks, suggesting that the uptrend is likely to continue.