A look at the Nikkei’s current resistance near 38k

The Nikkei continues to struggle around the 38,000 mark. It’s been acting as a fairly strong ceiling for a while now. While we saw some promising moves last week, the follow-through just isn't there, and the volume looks pretty uninspired on these push attempts. For those playing breakouts, this is a clear area of re-evaluation, it's not looking like a clean break anytime soon without a significant catalyst.