Review of Weekly prediction for Chinese and Japanese stock markets July 7-11

Japanese Market: recommended purchase –one lot of Nikkei futures /options if Nikkei  down 150 points from last week’s closing value of 13237 which was achieved on Tuesday. Second lot purchase price target not met. Nikkiei 225 gained nearly over 200 points by Wednesday morning and with a $5 Nikkei future maximum profit would be between $500-$1000 ( depending on whether futures or call options were purchased. Nikkei was also volatile during this week and achieved higher values than last week’s closing on Wednesday morning ( high 12287 approx) .

 

Chinese market: SSEC index gained by a huge margin over last week’s closing value of 2669 with value of 2910 being achieved by Wednesday( july 9). However no clear purchase price was recommended no profit estimate can be given