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Nikkei 225 MT: the bias remains bullish.


Pivot: 29100

Our preference: long positions above 29100 with targets at 36000 & 39100 in extension.

Alternative scenario: below 29100 look for further downside with 27000 & 24650 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

40000 ***

39100 ***

36000 ***

32675 Last

29100 ***

27000 ***

24650 ***

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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