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‘Japan surges to new highs’
‘Japan stock about to smash records’.
Weren’t these the headlines ONLY 7 trading days ago!!!!!
Have a look at the daily price movements since…
Yes, it could be a short term retracement. (5% from highs already).
But could it also be a realization that markets are moving too far, too quickly?
I don’t have a crystal ball, but I would bet that this chart will get worse, and many other major markets will start to look like this soon.
Interesting times ahead.
