- Dubai Seeks Debt Delay, Stokes Default Fears
- China Overcapacity Worsening, EU Chamber Warns
- Investing in Good Karma – and Making a Profit
- China Unveils Carbon Target Ahead of Copenhagen
- Wal-Mart Price Pressure Hurts China Workers: Report
- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Where Do Pardoned Turkeys Go?
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
MOST SHARED
- The Executive Job Search
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Where Do Pardoned Turkeys Go?
- Salvation Army's Kettles Now Credit Card-Ready
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
- Trader Talk
- Black Friday: Bargain or Bust?
- Wal-Mart Price Pressure Hurts China Workers: Report
Text Size 
The Nikkei 225 is currently the weakest of the major stock indexes and could fall toward its March lows of around 7,000 points next month, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
“We could see a decline into the next month towards the March lows around 7,000, so that’s a serious decline,” Akker said.
If the Nikkei [JP;N225
Loading...
()
] stays above the 200-day exponential moving average, investors should expect a decline toward the support level of around 9,000 points, according to Akker.
From there, the Japanese index could bounce back slighting, but investors should sell each rally, he said.
There is a “bearish outlook for equities, particularly within the Nikkei, which is one of the weakest stock markets at the moment,” Akker said.
- Watch the video above to see Roelof van den Akker’s view on German bunds.
For the Investor:
- Dow Will Fall to 6,300 by Year End: Portfolio Manager
- Market Tips: How to Play the Australian Rate Hike
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.
Data is a real-time snapshot *Data is delayed at least 15 minutes