Daily Watchlist · On Our Radar

Sunday Evening Update: Japan Exports, DXJ Chart

Just out on the tape

“Japan’s exports fell for a 12th consecutive month in September, rounding out a year’s worth of poor returns for an economy struggling with a resurgent yen and weak global demand.”


Nikkei futures down 50pts as we speak. Last week we touched upon the DXJ weekly chart, which right closed at LT downtrend to the tick.  Absent a close above it, expect a ST pullback coming weeks back towards 50WMA area:



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