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Preview: Monthly Charts Strategy Session

January 1, 2021

The end of a month is more like a celebration at ASC. We sit back, relax, and go through Monthly charts and look out for interesting trends developing across the globe. In our Top-Down Analysis approach, we go through thousands of charts to arrive at a wholesome view of the market.

There were five charts that popped out in particular. We thought of giving you a preview of our Monthly Charts Strategy Session which is scheduled for Tuesday, January 5th at 7PM IST. 

Let's take a look at these charts!

What do you do when an index has clocked a 30 year high? You track it's every move and watch history as it unfolds in front of your eyes. Nikkei 225, which was on our watchlist, has finally moved above 26,900. A strong move would propel the price higher towards its next target of 32,850. This would in-turn have an impact on Japan's Asian peers. For now, let's wait and watch.

Click on chart to enlarge view.