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Nikkei 225 (OSE) Intraday: key resistance at 31270.00.

2023-10-24
1018

Pivot: 31270.00

Our preference: short positions below 31270.00 with targets at 30850.00 & 30720.00 in extension.

Alternative scenario: above 31270.00 look for further upside with 31430.00 & 31640.00 as targets.

Comment: as long as 31270.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

31640.00

31430.00

31270.00

31150.00 Last

30850.00

30720.00

30600.00

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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