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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

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Sunday, May 08, 2011

NKD & USD/JPY Update...

On Monday of this past week, NKD managed to fill its post-earthquake gap on the Daily chart but failed to close above it (see chart below). Several levels are of interest to me on this chart...10005, 9750, 9420 and 9320, as well as a couple of trendlines.


Last week, USD/JPY managed to close above the 80.00 level...a level agreed upon by Japan and the US after the earthquake (see chart below).