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Nikkei 225 (OSE) Intraday: bullish bias above 39470.00.

2024-04-12
394

Pivot: 39470.00

Our preference: long positions above 39470.00 with targets at 39810.00 & 40000.00 in extension.

Alternative scenario: below 39470.00 look for further downside with 39350.00 & 39240.00 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

40280.00

40000.00

39810.00

39590.00 Last

39470.00

39350.00

39240.00

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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