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Nikkei 225 ST: bullish bias above 39200.
2024-07-15
787
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: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
45000 **
43800 **
42300 ***
41190 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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