JPN225 Short Term: the downside prevails.

JPN225 (JPN225)
+363+1.08%
short positions below 38200 with targets at 35300 & 33770 in extension.
image
Pivot: 38200

Our preference: short positions below 38200 with targets at 35300 & 33770 in extension.

Alternative scenario: above 38200 look for further upside with 39500 & 40300 as targets.

Comment: a break below 35300 would trigger a drop towards 33770.

Supports and resistances:
40300 **
39500 **
38200 ***
35617 Last
35300 ***
33770 ***
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.
goTop
quote