Japan is the only Bullish market in town

Japan is the only market showing strength at the moment. Initial upside target is 11,000 a 10% rise with the ultimate target 13,000 for 2011. Upside resistance is at 10,200. Market is over bought at the moment. Looking for a pull back to 9600-9800 before the next move up to 11,000 in the New Year. Japan market falls into month end by 120 pts on average. 1/3 to 3/8 retrace of up leg from 9135 on 1 November to 10160 on 22 November gives a target 9750-9800. Stay Bullish when the  Daily 10ema (9930) > 50ema(9610).

Buy Neptune Japan 266p between 250-260p Stop 240p Target 300p a 20% rise with 4% risk