Wednesday, March 16, 2011

The Nikkei 225 today

The most observed Japanese stock index,the Nikkei 225 is stabilizing itself since a while as you can see in the chart :
The index is even starting more confident moves upwards,what is a total surprise for me,to be honest with you.
The stockmarkets are mainly moved by automatic trading systems of banks,insurance companies and Hedge Fonds,which are normally adjusted to the Dow Jones.That means literally that the world markets are runing behind the DJ like the tail it's dog.
Today is from the beginning on everthing different.The whole financial world is starring at this particular index above and every thiny move of the Nikkei 225 is moving to 100% the world markets.
Only 26 minutes later my expectations became unfortunatelly true and the Nikkei 225 felt through his last support line of the day.Of course all the world markets i can see with one view to the screen went straight red again.
The immediate reaction of the Dow Jones:
Here the reason-The Fukhushima1 plant is now finally out of control,4 of 6 reactors are threatened by meltdowns:

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