Nikkei 225 (OSE) Intraday: the downside prevails.

Pivot: 50050

Our preference: short positions below 50050 with targets at 49190 & 48840 in extension.

Alternative scenario: above 50050 look for further upside with 50450 & 50750 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

50750

50450

50050

49560 Last

49190

48840

48490