Nikkei 225 Bulls Eye 72,870 Extension on Pullback Support

Nikkei 225 futures extended to fresh all-time highs within a bullish Elliott Wave sequence that began from the March 23, 2026 low. After breaking the 64,000 resistance on May 27 and receiving a Buy call targeting 68,000, the index has seen wave 1 complete at 63,880 with internal highs at 65,695 and 66,520. A healthy corrective pullback in wave ((ii)) is now unfolding, yet buyers are expected to defend the pivotal 59,352 support, keeping the path open toward the next extension at 72,870.