Nikkei 225 neutral

Nikkei will try to stay above the support

25 January 2022 416
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For the past year, the Nikkei  index 5 times tested the important level of the support of 27000. Despite occasional downward motion, the support stood still in all cases.

Now there is a new attack of “bears” for this important level. The RSI moves to oversold, and to break 27000 down at once will not be easy. If the level does not keep balance after all, the potential for the following decline to 26200 will open.

This content is for informational purposes only and is not intended to be investing advice.

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