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Nikkei 225 ST: bounce.

2023-12-11
866

Pivot: 32100

Our preference: long positions above 32100 with targets at 33200 & 33800 in extension.

Alternative scenario: below 32100 look for further downside with 31300 & 30500 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

34500 **

33800 **

33200 ***

32791 Last

32100 ***

31300 ***

30500 **

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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