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Nikkei 225 (OSE) Intraday: bullish bias above 35990.00.

2024-02-02
356

Pivot: 35990.00

Our preference: long positions above 35990.00 with targets at 36400.00 & 36500.00 in extension.

Alternative scenario: below 35990.00 look for further downside with 35800.00 & 35680.00 as targets.

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

Supports and resistances:

36660.00

36500.00

36400.00

36160.00 Last

35990.00

35800.00

35680.00

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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