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Nikkei 225 Wave Analysis

The article is a technical analysis note on the Japan 225 (Nikkei 225) index. It says the index has broken above the resistance trendline of a daily down channel that started in June, confirming the end of the prior ABC correction and strengthening the active impulse-wave advance. The analyst maintains a constructive outlook, expecting the long-term uptrend to continue toward the next round resistance at 70,000. The market implication is bullish for Japanese equities, with the breakout signaling momentum acceleration rather than a reversal. No fundamental catalyst is cited; the view is based purely on chart structure and wave analysis.

Category

Japan 225

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min