Nikkei Outlook: Resistance Tested
Nikkei - Daily Chart:
Tokyo closed -0.94% on Monday, finding rejection at the current resistance zone.
The oscillator printed a bearish crossover in overbought zone.
Is this time a consolidation? (green circles), or a pullback? (red circle).
10DMA is key.
Something to keep an eye on.
$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $DJIA(.DJI)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$
https://x.com/SmartReversals/status/1828054412666781863
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.