JPN225 Middle Term: turning down.

JPN225 (JPN225)
+16+0.04%
short positions below 40300 with targets at 35300 & 31200 in extension.
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Pivot: 40300

Our preference: short positions below 40300 with targets at 35300 & 31200 in extension.

Alternative scenario: above 40300 look for further upside with 42350 & 45400 as targets.

Comment: the RSI calls for a drop.

Supports and resistances:
45400 ***
42350 ***
40300 ***
37174 Last
35300 ***
31200 ***
28800 ***

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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