Technical Analysis and Outlook
The Nikkei Index finished small higher bouncing off the Key Support 21862 zone. The next stage for transforming from the bearish down move is Dead-Cat-Bounce to Mean Resistance 22615. The retesting and reconfirming Key Support 21862 is a must before the bounce must be taken seriously, otherwise, the index is heading lower to Mean Support 21554.
The Nikkei Index finished small higher bouncing off the Key Support 21862 zone. The next stage for transforming from the bearish down move is Dead-Cat-Bounce to Mean Resistance 22615. The retesting and reconfirming Key Support 21862 is a must before the bounce must be taken seriously, otherwise, the index is heading lower to Mean Support 21554.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.