Why Is The Nasdaq Rallying?
Market Depth
The Breakout in the Nikkei 225 Index by Foreign Capital
The Nikkei 225 index finally broke. It's hard ceiling of 30,000 clean through, okay? And then it's kicked off a massive flooding in of foreign capital in one direction upwards. Now, if you zoom in to the month of May until current when the Nikkei broke 30K clean, that's when NDX followed suit and accelerated higher. But again, with like a slight delay, not with exact consistency, but basically if theNikkei index would have a strong close during Japan cash hours or overnight US hours, then about eight to nine hours later at US market open, that'swhen NDX would follow.
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