JP225 TECHNICAL ANALYSIS SHORT TERM VIEW
It is running in positive trend and it has made complex correction as marked by abc pattern on upside. So it can sharply jump above 34000 level . Trend reversal stop loss is 30600 and first target is 34000.1 minute chart is indicating 32900 target due to irregular correction made from 32900 level as shown in graph.Very strong support are 31870 to 30670.
QUICK FUNDAMENTAL LOOK
Industrial production in Japan in May rose 4.2% on year in May, but fell a seasonally adjusted 2.2% from April, reported the nation's Ministry of Economy, Trade and Industry (METI) on Friday.In May industrial shipments rose 4% on year, but fell 1.1% from April, added METI.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.