Valesco_Trading_Group

#JPN225 still at pivot point

Long
FX:JPN225   Nikkei 225 Index
9
Hello fellow traders and investors,

The Nikkei index (JPN225) is still hanging at the daily pivot point, as long as this holds the trend remains up. Therefor we have no reason to be bearish upon this one so far.

Good luck and don't forget to give us a thumb if you like our analysis!

Regards, ValescoTradingGroup
Comment:
We can see a daily tweezer formed on the support line, this is likely to go up.
Comment:
Still hovering around the pivot point, with divergence aswell. The daily candles keep showing rejections to a lower price.

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.