Currently: Short Looking to: Cover @ 26,500
As of 2/26/21 close: 28,966.01
LAST WEEK: We suggested shorting at last weeks levels with stops on a close above 31,000 and with a target for covering / getting long at 26,500.
UPDATE: The Nikkei 225 Index sold off last week picking up downside momentum as the weekend approached. We are staying short-term bearish and longer-term bullish. Look to short near 29,671 with stops honored on a close above 30,213.28 and with a target for covering / getting long at 26,500.