FlowState

Nikkei approaching resistance, potential drop!

Short
TVC:NI225   Nikkei 225 Index
Nikkei is approaching our first resistance at 21088.5 (horizontal pullback resistance, 61.8%, 38.2% fiboancci retracement) where a strong drop might occur to our first support at 20355.7 (horizontal swing low support, 38.2% fiboancci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.

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