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Nikkei 225 MT: further upside.

2024-02-12
506

Pivot: 33700

Our preference: long positions above 33700 with targets at 39100 & 40900 in extension.

Alternative scenario: below 33700 look for further downside with 32200 & 30500 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

42000 ***

40900 ***

39100 ***

36897 Last

33700 ***

32200 ***

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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