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Nikkei: accelerate falling

2023-09-08
474
Basic face analysis:

Closing fell 400.50 points on Friday (September 8), a decrease of 1.21%to 32609.50 points. Bank of America: Emerging market stocks have gone through the first capital outflows in the past nine weeks, and Japanese stocks have appeared in the largest capital outflow since May.

Jpn225 four -hour chart



Technical analysis:

Looking at the 4-hour chart, the Nikkei Index fell under 32500, the MACD volume could pass through the zero axis, the resistance was shifted near 32500, and below looked near 32200-32000.

Resistance position: 32500 32800
Support bit: 32200 32000

Main selection strategy: drop below 32500, target 32200 32000
Extracting strategy: 32500 to see the bullish, target 32800 33000

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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