12/7 Review of Last Week's Stock Market
The Nikkei Stock Average mainly showed a rebound last week. It is currently trading above both the 5-day and 25-day moving averages. As long as it does not fall below the 25-day moving average, it can be considered to be in an upward trend. On the other hand, while the Growth Index is showing a rebound, it is being capped by the 5-day moving average. If it fails to break above the 5-day moving average from tomorrow onwards, there is a possibility that the correction will be prolonged, so caution is required. I will write in the report as needed if there are any changes in the developments for each. I will continue to provide useful information for your investments this week as well! Thank you for your support.
