Nikkei Index Historical Trend : A Look At Japan's Post-Bubble Rallies

Source : Business Insider 

Update: The Nikkei 225 gained 1.71% today, the 70th anniversary of Pearl Harbor Day.

Forty-eight years after the attack, on December 29, 1989, the Nikkei hit its all-time high.

Today's rally takes the index further off its interim low of eight sessions ago; it is now only 77.6% below its 1989 high.

Meanwhile, another country that dominated the scene in Europe seventy years ago is again the dominant force in the Eurozone as we approach the Brussels Summit on Friday, where a war of brinksmanship is taking place.

Here is a look at the Nikkei 225 which gives an overview of the cyclical rallies and their duration during Japan's secular bear market, now in its 21st year.