Nikkei (USD) Futures
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Nikkei Futures ( NKD1!), H4 Potential for Bearish continuation

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Title: Nikkei Futures ( NKD1!), H4 Potential for Bearish continuation
Type: Bearish continuation
Resistance: 26555
Pivot: 25960
Support: 25610

Preferred case: Looking at the H4 chart, my overall bias for NKD1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 25610, where the previous swing low is.


Alternative scenario: Price may head back up to retest the pivot at 25960, where the 61.8% Fibonacci line is.

Fundamentals: There are no major news.

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