The Nikkei 225 Index closed 276.54 points lower, or 1.00%, at 27439.50 on November 10 (Thursday). The epidemic in Japan entered the eighth wave, with an increase of more than 400000 cases in a single week, ranking first in the world again; Bank of Japan Governor Yoshihiko Kuroda said that Japan's consumer inflation rate may fall below 2% in the next fiscal year, and there is no stage to discuss withdrawing from the easing policy.
Nikkei index JPN225 - 4-hour K line chart shows:
The 4-hour chart shows that the bulls' momentum has risen rapidly, and short-term bullish sentiment has emerged. The early high is just around the corner, and the market bulls' sentiment continues. The MACD index is in the bulls' area and moves up, and the RSI index is in the 50 balanced online side;
Multi empty turning point: 27897
Pressing: 27999, 28072
Support: 27818, 27741
Trading strategy: bullish above 27897, target 27999, 28072
Alternative strategy: 27897 bearish, target 27818, 27741