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Nikkei 225 (OSE) (U3) Intraday: rebound expected.

2023-09-12
1119

Pivot: 32260.00

Our preference: long positions above 32260.00 with targets at 32550.00 & 32700.00 in extension.

Alternative scenario: below 32260.00 look for further downside with 32170.00 & 32000.00 as targets.

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

Supports and resistances:

32820.00

32700.00

32550.00

32400.00 Last

32260.00

32170.00

32000.00

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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