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Nikkei: Continue rebound

2023-08-22
286
Basic face analysis:

On Tuesday (August 22), the 225 Index closed at 332.50 points, an increase of 1.05%to 31885.00 points. The French Oriental Huili Bank model shows that when the conditions are met, the Nikkei 225 index may further go to about 35,000 points.

Jpn225 four -hour chart



Technical analysis:

Looking at the 4 -hour chart, the Nikkei index is further up to near the 32000 mark. The MACD volume can wear above the zero axis. The short -term trend is strong, and the resistance level pays attention to near 32000.

Resistance position: 32000 32300
Support bit: 31300 31600

Main selection strategy: 31600 to watch the bullish, target 32000 32300
Extracting strategy: Below 31600 to see the drop, target 31300 31000

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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