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Nikkei 225 ST: further upside.

2024-02-26
910

Pivot: 37000

Our preference: long positions above 37000 with targets at 41400 & 42600 in extension.

Alternative scenario: below 37000 look for further downside with 35700 & 34850 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

43800 **

42600 **

41400 ***

39241 Last

37000 ***

35700 ***

34850 **

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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