JPN225 Short Term: the upside prevails.
JPN225 (JPN225)
-62-0.16%
long positions above 36500 with targets at 39500 & 40300 in extension.
Pivot: 36500
Our preference: long positions above 36500 with targets at 39500 & 40300 in extension.
Alternative scenario: below 36500 look for further downside with 35400 & 34400 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
42400 **
40300 **
39500 ***
38110 Last
36500 ***
35400 ***
34400 **
Our preference: long positions above 36500 with targets at 39500 & 40300 in extension.
Alternative scenario: below 36500 look for further downside with 35400 & 34400 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
42400 **
40300 **
39500 ***
38110 Last
36500 ***
35400 ***
34400 **
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