It should be noted, though, that a trend in the opposite direction, going up, exists on the 30 day timeframe.
For additional context, note that price has gone down 18 out of the past 30 days.
Nikkei 225 outperformed all 8 assets in the 8 major global equity indices asset class since yesterday.
Out of the 8 instruments in the 8 major global equity indices asset class, nikkei 225 ended up ranking 6th for the day in terms of price change relative to yesterday.
The benchmark #nikkei 225 index was down 1.21% or 241.13 points at 19,656.13 in early trade, while the broader #topix index was down 0.58% or 8.38 points at 1,434.16.
Those trading within the 8 major global equity indices asset class should know that nikkei 225 was the worst performer in the class today.
Nikkei 225 never broke out & the us 10 year never broke out…
For another vantage point, consider that nikkei 225’s price has gone up 7 of the previous 14 trading days.
On a relative basis, nikkei 225 was the worst performer out of all 8 of the assets in the 8 major global equity indices asset class today.
Or to view things another way, note that out of the past 14 days nikkei 225’s price has gone up 8 them.