
A Selling Opportunity on the Nikkei JP225
It appears we may soon witness a correction on the Nikkei JP225.
The current movement on the hourly chart indicates a sell-off.
If the sell-off is successful, we are expected to see some declines
in the index in the short term.
A decline is expected if the index breaks and closes below the current demand areas,
specifically, a close below the 43377 levels.
A decline is expected toward the targets set at the 43100 and 42770 levels.
Of course, if the index continues its upward trend,
the expected decline scenario is canceled.