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Nikkei 225 ST: further upside.

2024-03-25
417

Pivot: 38400

Our preference: long positions above 38400 with targets at 42600 & 44000 in extension.

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

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

45500 **

44000 **

42600 ***

40613 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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