JPN225 Short Term: the upside prevails.
JPN225 (JPN225)
-364-0.83%
long positions above 41900 with targets at 45600 & 46900 in extension.
Pivot: 41900
Our preference: long positions above 41900 with targets at 45600 & 46900 in extension.
Alternative scenario: below 41900 look for further downside with 40800 & 39300 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
48300 **
46900 **
45600 ***
43670 Last
41900 ***
40800 ***
39300 **
Our preference: long positions above 41900 with targets at 45600 & 46900 in extension.
Alternative scenario: below 41900 look for further downside with 40800 & 39300 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
48300 **
46900 **
45600 ***
43670 Last
41900 ***
40800 ***
39300 **
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