Nikkei 225 ST: watch 40300.

Pivot: 36000

Our preference: long positions above 36000 with targets at 39500 & 40300 in extension.

Alternative scenario: below 36000 look for further downside with 34400 & 33000 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

42400 **

40300 **

39500 ***

37990 Last

36000 ***

34400 ***

33000 **