Japan Stock Market May Erase Monday's Losses

The Nikkei has fallen in two of the last three sessions after a four-day rally that added more than 3,800 points, or 7.2%, and it finished just above the 56,500 level. The move appears to be a routine pullback within an otherwise strong short-term uptrend, with the article suggesting the index could bounce higher again.

Analysis

The Nikkei has fallen in two of the last three sessions after a four-day rally that added more than 3,800 points, or 7.2%, and it finished just above the 56,500 level. The move appears to be a routine pullback within an otherwise strong short-term uptrend, with the article suggesting the index could bounce higher again.