The Nikkei 225 stock average is likely to open significantly lower as Nikkei 225 futures closed below 39,100 yen last night.
The price is expected to continue testing the lower prices today as it will reconfirm its bearish trend by falling below the April 3rd low of 39,217 yen.
If the price has been in a consolidation movement since March, it is likely that the near-term decline will be supported by a move below 39,000 yen.
If the price suddenly widens its decline and drops below 39,000 yen after it approaches, you need to be careful about movements that can strongly support the downward price.
Information provided:Power Trend = Tomohiro Ito’s Power Trend
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2024-04-04 23:21:42
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