JPN225 Short Term: caution.

JPN225 (JPN225)
-399-1.03%
short positions below 38000 with targets at 35300 & 33700 in extension.
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Pivot: 38000

Our preference: short positions below 38000 with targets at 35300 & 33700 in extension.

Alternative scenario: above 38000 look for further upside with 39100 & 41000 as targets.

Comment: the index currently faces a challenging resistance area at 38000.

Supports and resistances:
41000 **
39100 **
38000 ***
37882 Last
35300 ***
33700 ***
31200 **

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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