Jpn225: low short huge earthquake down

Fundamental analysis:

The Nikkei 225 index closed up 323.54 points, or 1.16%, at 28202.50 on Tuesday, August 30. Japanese finance minister Junichi Suzuki: it is very important to speed up the negotiation of IMF assistance to Sri Lanka. The trend of exchange rate is affected by many factors. The government was worried about Sri Lanka's serious financial problems, and it was important for all creditor countries to come together to discuss the debt issue. Respect the independence of the Bank of Japan in guiding monetary policy.

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

Technical analysis:

According to the 4-hour chart, the power of low-level short positions maintained a strong downward shock, the short-term short positions remained unchanged, the market bearish trend was good, the MACD index maintained a consolidation and translation in the short positions, and the RSI index remained weak in the short positions;

Long and short turning point: 27968

Pressing position: 28071, 28195

Support position: 27827, 27729

Trading strategy: 27968 down, target 27827, 27729

Alternative strategy: 27968 bullish, target 28071, 28195