The Nikkei 225 index closed up 630.20 points, or 2.30%, at 28060.50 on Thursday, September 8. The World Health Organization (who) statistics on novel coronavirus infection show that in the week from August 29 to September 4, the number of new infections in Japan decreased by 7% compared with last week, reaching 1164787, the highest in the world for seven consecutive weeks.
Nikkei index jpn225 - 4-hour K-line chart shows:
According to the 4-hour chart, the low-level Bulls' power keeps surging up, and the short-term bulls continue to pull up. The MACD indicator's low-level Bulls' power keeps moving up to the upper side of the 0 axis, and the RSI indicator is in the 50 equilibrium line;
Long short turning point: 27807
Pressing position: 27988, 28139
Support position: 27684, 27574
Trading strategy: bullish above 27807, target 27988, 28139
Alternative strategy: bearish below 27807, target 27684, 27574