JPN225 Short Term: the bias remains bullish.
long positions above 37700 with targets at 41000 & 42350 in extension.
Pivot: 37700
Our preference: long positions above 37700 with targets at 41000 & 42350 in extension.
Alternative scenario: below 37700 look for further downside with 35300 & 33700 as targets.
Comment: the RSI lacks momentum.
Supports and resistances:
44000 **
42350 **
41000 ***
39087 Last
37700 ***
35300 ***
33700 **
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