Nikkei 225 Futures - Sep 23

31,355.00
+525.00(+1.70%)
  • Prev. Close:
    30,830
  • Bid/Ask:
    31,335.00/31,350.00
  • Day's Range:
    30,880.00 - 31,355.00
  • Type:Index Future
  • Underlying:Nikkei 225 Futures

Nikkei 225 Futures Overview

Prev. Close
30,830
Month
Sep 23
Tick Size
5
Open
30,880
Contract Size
¥1,000 x Nikkei 225
Tick Value
-
Day's Range
30,880-31,355
Settlement Type
Cash
Base Symbol
NK
52 wk Range
25,450-31,700
Settlement Day
09/08/2023
Point Value
1 = ¥1000
1-Year Change
14.78%
Last Rollover Day
-
Months
HMUZ
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Technical Summary

Type
5 Min
15 Min
Hourly
Daily
Monthly
Moving AveragesStrong BuyStrong BuyStrong BuyStrong BuyStrong Buy
Technical IndicatorsStrong BuyStrong BuyStrong BuyStrong BuyStrong Buy
SummaryStrong BuyStrong BuyStrong BuyStrong BuyStrong Buy
  • Funny. Ueda keeps talking about inflation and what causes it like it is EITHER supply or demand. It just sounds so silly. It is like saying the addition of two numbers two and one or one and two add up to three and there is a difference between one plus two vs two plus one. The reason there is inflation is not because of supply OR demand. It is because demand OUTSTRIPS supply. I dont get where these quacks get their thinking and ideas. Such a joke. If you raise interest rates because demand is outstripping supply you bring them more in line and reduce inflation. It is that simple. And yeah, instead of doing the prudent thing, Japan is instead subsizing the cost of oil and adding to its soveriegn debt, which is already in the stratosphere. Funny these guys pretend to have knowledge. They are the most careless bunch of quacks masquarading as officials as I have ever read about my entire life.
    0
    • bear flagging
      1
      • I thought you were bullish.
        0
    • This central bank pumped money printing casino looks like it has no limit, doesnt it? To the sky with this bubble. Back up the truck!
      0
      • Sell. Rate hike is coming soon.
        3
        • more fud more pump stupid market.
          0
          • about to go red soon
            1
            • this index falls and all others follow
              1
              • Sell markets will bleed. All the big money will go in bonds now.
                2
                • Yup, the coffers are nearly empty. And where was money going as they were emptying. The next few months is gonna be quite the show.
                  2
                • Yes forming M in daily candle. Double top formation in daily candle.
                  3
              • i guess we going down, price target as of now: 30.600
                0
                • This will be below 20,000 and probably as low as 12-15,000 at some point in the next year or so.
                  2
              • First look at the bond yields on treasuries and keep in mind that with those yields you have ZERO currency risk. Now consider that the dividend yield on this index is below one percent. The PER according to Bloomberg is almost 31, compared to a PER for the Standard and Poor's 500 of about 20. The ratio of market cap to GDP+the BOJ balance sheet indicates a likely maximum return of 1% annually for the next eight years. That is assuming the balance sheet is not reduced--and it is a massive balance sheet relative to GDP vs all other countries with Ueda literally talking about it being abnormally high. And lemmings are lining up to buy this overpriced bubble index propped up to the moon. Remember that the debt of the government in Japan is crazy, over two times that of GDP. Remember that interest rates there are below zero. And as mentioned above, the BOJ has propped this up to nuts levels with asset buying. And the talking heads are yammering away with a decade old narrative like it is new and like book value valuation has any validity at all. Yeah, load up on this. Ha ha ha.
                2