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Nikkei 225 ST: 39100 expected.

2024-02-09
577

Pivot: 35700

Our preference: long positions above 35700 with targets at 38100 & 39100 in extension.

Alternative scenario: below 35700 look for further downside with 34850 & 33880 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

40000 **

39100 **

38100 ***

36987 Last

35700 ***

34850 ***

33880 **

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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