Using Regression To Predict Turning Points by Ken Muranaka
Use the unique relationship between the Nikkei Stock Average and the major US stock market indexes to predict short-term market turning points with the help of a spreadsheet—no skills in statistics required!
The Nikkei Stock Average (Nikkei 225) is the pre-mier index of Japanese stocks. It is computed and reported by the newspaper publisher Nihon Keizai Shimbun. “Nikkei” stands for Nihon (“Japan”) Keizai (“economy”). The Nikkei 225 was called “Nikkei–Dow Average” from May 1975 to May 1985 because of a license agreement between the Nikkei’s publisher and Dow Jones & Co. This stock index dates back to the day when the Tokyo Stock Exchange (TSE) resumed opera-tions on May 16, 1949, and was initially valued 176.21 ...