More than 60% of respondents in Japan refuse to decide on Japan's Kishida restraining measures

Fundamental analysis:

The Nikkei 225 index closed down 358.44 points, or 1.33%, at 26629.00 points on Tuesday, June 14. A national poll conducted by Kyodo news agency from the 11th to the 13th showed that 64.1% of the respondents were "not sure" about the measures taken by Prime Minister Fumio Kishida to curb price rises, and only 28.1% of the respondents were "positive". As for the impact of rising food prices in Japan on people's lives, the total number of respondents who think that "it is very and to some extent a blow" is as high as 77.3%, an increase of 8.6 percentage points compared with the April poll.

Nikkei index jpn225 - 4-hour K-line chart display:

Technical comments: the short power continued to fall near the downtrack of the Bollinger belt index, and the low level reached near 26236. During the shock, the Bollinger belt index showed a closing trend and continued to decline. The MACD index maintained its consolidation and translation at the low level in the short area, and the RSI index maintained its consolidation and translation at the bottom of the short area. There were signs of upward movement after the slow translation;

Multi empty turning point: 26482

Pressing position: 26674, 26888

Support position: 26175, 25989

Trading strategy: 26482 bearish below, target 26175, 25989

Alternative strategy: bullish above 26482, target 26674, 26888

The above analysis is a personal point of view and is for reference only.