Cabana Capitals Blog Technical Analysis Should we expect a breakout or a rebound on Nikkei 225?

Should we expect a breakout or a rebound on Nikkei 225?

Should we expect a breakout or a rebound on Nikkei 225? post thumbnail image

Nikkei 225 is about to retest a key horizontal support level near 37865.0000. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.

Target: 37865 Entry: 38102 Stop: 38255.54

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