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Nikkei 225 ST: bullish bias above 38400.

2024-04-05
1013

Pivot: 38400

Our preference: long positions above 38400 with targets at 41100 & 42600 in extension.

Alternative scenario: below 38400 look for further downside with 37000 & 35700 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

44000 **

42600 **

41100 ***

38949 Last

38400 ***

37000 ***

35700 **

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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