Nikkei : More Confirmation

• Last 9050
  
• Not that I am in need of more convincing about the return of Risk Aversion (and the decline of Risk Taking). But Nikkei chart is by far the most convincing in this respect.
• Tide : Has always been down since peak in 2007. Most recent attempt to break downtrend line failed at around 10000.
• Wave : Re-entry below 9325 = double bottom failure
• Ripple : Impluse candles and gaps mostly on the down days
• Tide Wave Ripple = all aligned