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Nikkei 225 ST: key resistance at 39700.
2024-04-29
824
Pivot: 39700
Our preference: short positions below 39700 with targets at 36700 & 35700 in extension.
Alternative scenario: above 39700 look for further upside with 41100 & 42600 as targets.
Comment: as long as the resistance at 39700 is not surpassed, the risk of the break below 36700 remains high.
Supports and resistances:
42600 **
41100 **
39700 ***
37934 Last
36700 ***
35700 ***
34700 **
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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