JPN225 Short Term: the upside prevails.
JPN225 (JPN225)
-344-0.64%
long positions above 51000 with targets at 56700 & 60000 in extension.
Pivot: 51000
Our preference: long positions above 51000 with targets at 56700 & 60000 in extension.
Alternative scenario: below 51000 look for further downside with 48200 & 46700 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
63000 **
60000 **
56700 ***
54090 Last
51000 ***
48200 ***
46700 **
Our preference: long positions above 51000 with targets at 56700 & 60000 in extension.
Alternative scenario: below 51000 look for further downside with 48200 & 46700 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
63000 **
60000 **
56700 ***
54090 Last
51000 ***
48200 ***
46700 **
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