Forecast for 7th February 2013 Topix March contract Topix hit the 966 target and continued higher to 973.5 in an unstoppable bull market. We are now approaching what should be tough resistance at 2011 highs of 976.50. However major historic levels seem to mean nothing at the moment and so if we break above here look for May 2010 highs at 988 then what should be a big barrier with the high for 2010 at 999/1003. Support seen at 951 then 937 could hold any selling pressure. If this fails there is
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Topix, FTSE China A50, Hang Seng CE Index, Hang Seng, Spot USDJPY, Kospi , Nikkei, XAU Spot Gold