Stocks rallied in the wake of the Fed meeting, and seem poised for further gains.
In the short term, support might be found at the 50-day simple moving average in the event of a pullback.
The Nikkei 225 continued its strong run for the week, pushing on towards 41,000. A new record high has been created, as the recovery from the higher low of mid-March continues. This has put fresh strength into the uptrend, cancelling out any bearish view for the time being.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
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