Nikkei 225: Ending Diagonal in Play – Slow Bullish Rise Ahead?Nikkei 225
The yellow circled area is forming an Ending Diagonal.
Probability of a slow, time-consuming upward move is currently high.
However, once completed near the 56,618 target, there is a significant risk of a strong reversal lower.
Bias & Position
Bullish ⤴️
Invalidation Levels
- Below:
About Japan 225 Index
JPN225 is a popular financial derivative based on the leading and most-respected Japanese stocks. This price-weighted index, valued in yen, has been calculated daily by the Nihon Keizai Shimbun (Nikkei) newspaper since the Index's inception in 1950. It comprises Japan's top 225 blue-chip companies traded on the Tokyo Stock Exchange.
Nikkei225 Count Update – Triangle Forming in Wave 2Nikkei225 Elliott Wave Count Update
No change to the downward impulse scenario starting from the 2/26 high.
However, the move from the 3/23 low — which I previously interpreted as a flat C wave in 5-wave structure — has been updated. I now see a contracting triangle in progress, with a high probabi
JPN225 H1 | Falling Towards Pullback SupportBased on the H1 chart analysis, we could see the price fall towards our buy entry level at 52,842.04, which is a pullback support that aligns with the 50% Fibonacci retracement.
Our stop loss is set at 51,787.73, which is a pullback support.
Our take profit is set at 54,207.23, which is a pullback
Nikkei: Heavy tape, 51000 under threat51000 is the line in the sand for Nikkei bulls. Defend it, or risk enticing more participants into the unwind already seen.
We’ve seen multiple bearish break attempts in March, all of which have failed. But the telling thing is the string of lower highs from bounces, sequentially failing around the
Nikkei continues to show weakness around the 51k levelThe Japanese index has started to show weakness over the last three trading sessions, posting a decline of more than 5% in the short term and reflecting a relevant bearish bias in the chart. For now, selling pressure appears to have re-established itself, partly due to the increase in risk sentiment
JP225 - Not Buying Into Relief Rally, 2nd AttemptNarrative: Peace talk with Iran are not as straight-forward ("one sided"?). Japan is very oil import dependent (especially from Strait of Hormuz), so the economy should be under pressure from the elevated oil prices
Sentiment: leaning risk-off into Europe opening
Pattern: TC(RTF)
Time: Tokyo closing
Nikkei 225 Count Update – Bullish in Flat (C) of Wave 2Nikkei225 Count Update
Touched the invalidation level at 50,633 → temporarily shifted to neutral.
However, converted to long-only in the 50,800 zone.
Now viewing the large downward impulse wave 2 as forming a double three (zigzag + flat), with the flat’s (C) currently in progress.
Bias & Po
Nikkei225 Wave 2: Flat (B) Done → Target 55,747Nikkei225 (JAPAN225CFD)
Updated the wave count after last night's US indices move.
From the Feb 26 high (60,050) to the Mar 9 low (51,174),
a clean downward Impulse has completed perfectly.
I'm counting this as major Wave 1.
Currently, Wave 2 correction is in progress.
In detail, it's formi
#JP225 4H Final Wave V Loading – Bullish Impulse Nearing CompletFOREXCOM:JP225
#JP225 4H Final Wave V Loading – Bullish Impulse Nearing Completion! 📈🇯🇵
Japanese Stock Index #JP225 🇯🇵 — Elliott Wave outlook on the 4-hour timeframe
Is the fifth wave still in play? 🚀
One possible scenario suggests that a bullish impulsive wave has already formed through waves
Nikkei begins to break its long-term trendlineOver the past few trading sessions, Nikkei price action has started to show a neutral to slightly bearish bias, with an average move of around 1.2% over the last two sessions. For now, indecision has remained consistent as the market approaches the Bank of Japan’s policy decision later today.
If th
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Displays a symbol's value movements over previous years to identify recurring trends.
Frequently asked questions
Japan 225 Index reached its highest quote on Feb 25, 2026 — 60,089.05 JPY. See more data on the Japan 225 Index chart.
The lowest ever quote of Japan 225 Index is 1,929.64 JPY. It was reached on May 28, 1970. See more data on the Japan 225 Index chart.
Japan 225 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy Japan 225 Index futures or funds or invest in its components.









