Currently: Cash Looking to: Buy @ 24,487
As of 1/15/21 close: 28,193.98
LAST WEEK: We suggested buying dips to 24,041 with an upside target of 33,010.
UPDATE: The Nikkei 225 Index rallied a bit further before finally starting to pull back modestly. We still think the Nikkei can pull back to 24,000 25,000 before rallying even further.
We would look to buy dips in the Nikkei 225 or proxies on a pullback in the Nikkei to 24,487 and would look to hold on for a run up to 33,010.