JPN225 Short Term: consolidation in place.

JPN225 (JPN225)
-2406-3.71%
short positions below 70800 with targets at 62800 & 59300 in extension.
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Pivot: 70800

Our preference: short positions below 70800 with targets at 62800 & 59300 in extension.

Alternative scenario: above 70800 look for further upside with 73000 & 76900 as targets.

Comment: the RSI lacks momentum.

Supports and resistances:
76900 **
73000 ***
70800 ***
65324 Last
62800 ***
59300 ***
55300 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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