The article outlines an approach to analyzing the Nikkei 225's future direction from the perspectives of moving averages and momentum. It reports that the index rose from the previous day on only 1 day last week.
The Nikkei 225 rose from the previous day on only 1 of the 5 trading days last week (21 October). Against this backdrop, the focus is on how to assess its future movements.
The article sets out a policy of changing the indicator used to analyze future developments from the previous Bollinger Bands analysis to moving averages, while also incorporating momentum.
It states that the Nikkei 225's future direction will be analyzed using a combination of moving averages and momentum based on daily charts.
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