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Topix Forecast for 3rd June 2013

By () · June 2, 2013 · Comments Off on Topix Forecast for 3rd June 2013
Indices · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast

Topix daily chart still looking negative but we should find good support at 1097 this week. We could hope for a bounce but need stops on longs below 1090 for next support at 1078. Exit shorts & try longs here with a low for the week likely.

Resistance at 1134/36 today could hold the topside. However a push higher could then target 1152 where it may be wise to exit longs & try shorts with stops above 1159 as we look for a high for the day here.

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