CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

JPN225 Short Term: the downside prevails.

JPN225 (JPN225)
-1078-1.74%
short positions below 64800 with targets at 55300 & 50500 in extension.
image
Pivot: 64800

Our preference: short positions below 64800 with targets at 55300 & 50500 in extension.

Alternative scenario: above 64800 look for further upside with 70800 & 73000 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:
73000 **
70800 ***
64800 ***
57435 Last
55300 ***
50500 ***
48300 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
goTop
quote