JPN225 Short Term: bullish bias above 59300.

JPN225 (JPN225)
+1295+2.09%
long positions above 59300 with targets at 65300 & 68000 in extension.
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Pivot: 59300

Our preference: long positions above 59300 with targets at 65300 & 68000 in extension.

Alternative scenario: below 59300 look for further downside with 55100 & 50600 as targets.

Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances:
70000 **
68000 **
65300 ***
63365 Last
59300 ***
55100 ***
50600 **

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