15
CCby u/chart_chai_th·12dAnalysis

Watching the Nikkei 225 at a key level

I've been keeping a close eye on the Nikkei 225, and it looks like we're approaching a significant resistance level around the 39,000 mark. There's been a bit of consolidation around here previously, and I'm curious if we see a clear break or another rejection. My concern is if we can't sustain above 39,200; that would signal a potential return to the recent range lows, invalidating the bullish momentum I've seen develop over the past week.

2 comments · 15 points

2 Comments

RHu/rana.hamdan·12d

Interesting point on the 39,200 level. What's your take on how the Yen's current weakness might impact a potential breakout or rejection at that resistance?

5
KTu/kaewkamnerd_teerapat·12d

เห็นด้วยว่า 39,000 เป็นจุดสำคัญ แต่ถ้ากลับไปหลุดต่ำกว่า 38,500 นี่สิ ถึงจะน่าเป็นห่วงว่าจะลงยาว

0

More like this