NIKKEI at the 20ema weekJapan 225, DailySPREADEX:NIKKEIjazziomanNIKKEI it just has to bounce off support here... ema20 week is a good support after a non stop selloff.. a bounce is to be expected since daily oversold. And on the daily chart it's at the same level as the low's back in 8june 62,350$ For a continue momentum upside once closes above ema9 good news starts to come out all of the sudden and should go back near all time high's then I expect a -30%+dump in september-october during midterm election year. Historically market drop's around -20% and I see nikkei, nasdaq drop as much if not more than -20%