BOJ and Recent Correction: Nikkei 225

The recent stimulus plan revealed by the Bank of Japan on October 31 has been widely talked about by traders and investors. Interestingly, this plan was announced shortly after a peak in The Bubble Index: N225 (1260 and 1764 days). The 1260 day index peaked on September 30, 2014 and the 1764 day index peaked on October 7, 2014.