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Jpn225: bulls continue to rise in shock

2022-09-12
423
Fundamental analysis:

The Nikkei 225 index closed up 170.22 points, or 0.61%, at 28235.50 on Friday, September 9. Japan's Ministry of economy, trade and industry said that the IAEA investigation team will visit Japan again from November 14 to 18, and will go to the Fukushima No. 1 nuclear power plant of Tokyo Electric Power Company to verify the safety of discharging nuclear contaminated water into the sea.



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




Technical analysis:


According to the 4-hour chart, the Bulls kept surging, the short-term bullish sentiment emerged, the market bulls kept climbing, the MACD index kept rising in the Bulls' region, and the RSI index kept sorting out in the Bulls' region;


Long short turning point: 28143


Pressing position: 28286, 28394


Support position: 28039, 27922


Trading strategy: bullish above 28143, targets 28286 and 28394


Alternative strategy: 28143 down bearish, target 28039, 27922

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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