Japan225-Nikkei had a superb bull run yesterday.
Due to US Indices choppy weak trendy today, it has followed and retraced nearly 50% of the move which is healthy.
Major GDP data 10 mins before open will determine the next move.
Expect a rug pull to yesterday's open-launch base to 32937-32905 or a wick down to 32837-Tuesday's VWAP to flush down the weak...
NIKKEI is approaching our first resistance at 22290.7 (61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 21472.4 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback support).
Stochastic is approaching resistance as well where we might see a...
Nikkei is approaching our first resistance at 22630.1 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20855.7 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance where we...
Nikkei is approaching our first resistance at 21088.5 (38.2% Fibonacci retracement, horizontal pullback resistance, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 20132.9 (horizontal overlap support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might...
Nikkei is approaching our first resistance at 21142.6 (horizontal pullback resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 20082.9 (horizontal overlap support, 50% Fiboancci retracement).
Stochastic (89,5,3) is also approaching our resistance where we...
