0121 GMT - Nikkei futures are showing a bullish bias, StoneX's Matt Simpson says in commentary. "The daily chart shows that momentum is curling higher after Tuesday's shakeout," the senior market analyst notes. "A Rickshaw man doji [pattern] formed between the 10- and 20-day [exponential moving averages] on Wednesday, and momentum extended higher overnight into the U.S. close," Simpson says. "Bulls could be seeking dips," he says. However, "the monthly R2 pivot sits just above 71500 and could provide initial resistance," the analyst adds. Nikkei futures are 2.4% higher at 71260 on the Osaka Stock Exchange. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 24, 2026 21:21 ET (01:21 GMT)
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