Short term view - NIKKEI 225 : The major resistance has been reached, it causes the fall.
The trend has been momentarily interrupted by a correction. It approaches the resistance at 21,968.10 pts, which also is the invalidation level. It should cause a fall and resume the bearish trend. The next target is at 19,239.50 pts. The invalidation level is below 21,968.10 pts.Arguments :
- The major resistance has been reached, it causes the fall.
- The Stochastics are overbought.
- The moving average is capping prices.
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