Japan 225
Short

Nikkei is approaching resistance, potential drop!

462
Nikkei is approaching our first resistance at 21856.1 (horizontal pullback resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 20680.6 (100% fibonacci extension). Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price.

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