Cabana Capitals Blog Technical Analysis Either a rebound or a breakout imminent on Nikkei 225

Either a rebound or a breakout imminent on Nikkei 225

Either a rebound or a breakout imminent on Nikkei 225 post thumbnail image

Nikkei 225 is moving towards a key support level at 33085.0000. Nikkei 225 has previously tested this level 6 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Downward sloping Moving Average

Target: 33085 Entry: 34408 Stop: 34923.85

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