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| Just a glance at the weekly Nikkei chart and the S&P, it appears that the Japanese stock markets have lead the US market. The Nikkei rolled over a few weeks ago, diverging from the US. Its down sharply tonight, breaking through support. This week's trading action in the S&P, after Monday's new high, has not carried through. Comparing S&P on this escalator ride of this summer and fall, its sold of rather sharply each time. FWIW. | |
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Is the Nikkei a leading indicator?
