JPN225: Move up the high order arrangement

The Nikkei 225 Index closed down 59.51 points, or 0.22%, at 27335.50 points on January 26 (Thursday). The Japanese government intends to include a target of 20 trillion yen (approximately RMB 1 trillion) in annual domestic travel consumption in the revised "Basic Plan for the Promotion of Tourism and National Development" (2023-2025) at the end of March. This is the same level as before the outbreak of the new crown epidemic. The government will strive to achieve the goal as soon as possible within the target period.

The Nikkei JPN225——4-hour K-line chart shows:

Looking at the 4-hour chart: the high short-term narrow-range order will move up, the market is still bullish, and the short-term may maintain a narrow-range upward movement trend, the MACD indicator is in the high-level order in the bullish area, and the RSI indicator is in the bullish area to maintain hovering;

Long-short turning point: 27409

Press: 27530, 27605

Support: 27314, 27236

Trading strategy: Bullish above 27409, target 27530, 27605

Alternative strategy: bearish below 27409, target 27314, 27236