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Nikkei 225 ST: further upside.

2024-07-08
760

Pivot: 39200

Our preference: long positions above 39200 with targets at 42300 & 43800 in extension.

Alternative scenario: below 39200 look for further downside with 38000 & 36700 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

45000 **

43800 **

42300 ***

40780 Last

39200 ***

38000 ***

36700 **

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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