Day two - potential Japan 225 trade

Yesterday I suggested buying the Nikkei on dips into the 15,500 region.

Source: Bloomberg

Following on from my potential trade idea yesterday, we’ve seen a bit of a pullback in Japanese equities today.

The index only managed a low of 15,517 before recovering and therefore missed the entry level.

However, I remain happy to maintain the order and will see how the Nikkei progresses through the week.

The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.