Nikkei - Futures Trading Analysis

Nikkei Futures Trading Analysis :

  • futures : Nikkei
  • period : June
  • date : 11 April 2008
  • session : 1st
  • op = 13040
  • opy = 13075
  • clpy = 13000
  • dhy = 13150
  • dly = 12845
  • mlp = 12997.5
  • by =blue
Athough by is blue, but today Nikkei is very bullish. After it opened, Nikkei went up and up until crossed dhy at 13150 but i didn't stop there, it still continues then it crossed mlpy at 13197.5 and on its way to break the dhy-1 at 13380.

Will Nikkei break the dhy-1 ? the probability is high but no one would know for sure. Not easy to predict movement price Nikkei futures.

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