2024-01-17 23:15:53
Tomohiro Ito (Technical Analyst)
If yesterday’s decline in the Nikkei 225 stock average ends up being a temporary move and the stock price moves to test the upper range once more, it is likely that the Nikkei Stock Average will start rising soon following moving closer today.
If yesterday’s high price of 36,239 yen returns to the highest price, even if the price rises today, it is likely that the top price will be capped at around yesterday’s opening price of 35,850 yen.
If today’s price is around 35,850 yen and the top price cannot be suppressed strongly, it is possible that there will be a move to raise the price above 36,239 yen in the near term.
If the price goes down today, it is likely to start moving down quickly, with little to no upside.
Information provided:Power Trend = Tomohiro Ito’s Power Trend
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