Japan 225
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NIKKEI to extend gains, temporarily or not.

NIKKEI dropped 12% yesterday only to recover 10% today. It seems that the Japanese bull showed some teeth at the lows yesterday and they are ready for a counter attack. I see an important resistance at 37,250, while a drop below the psychological support of 33,000 would like cause an extension of losses.

BUY at market (33, 750)
SL at 33,000 (750 points)
TP at 37,000 (3,250 points)
Dagangan aktif
The trade remains open over the weekend. My views have not changed. I expect NIKKEI to continue to rise. If your risk tolerance is lower, you might want to move SL to BE at 33,750 when the market opens on Monday.
Nota
Moving SL to 34,320 locking at 570 points. The trade remains active and my expectations unchanged.
Nota
I am tightening stops further. SL at 34,750
Nota
I am tightening stops further. SL at 35,325
Dagangan ditutup: sasaran tercapai
Booked profits.

Penafian