📈 Nikkei 225 Index Headed To ~25,000

16 apr

The Nikkei 225 Index (NI225) has been on a massive bull-run since 2008. Total growth goes beyond 470% from bottom to peak.

➖ The bottom hit late October 2008.
➖ The All-Time High (41,087.75) hit March 2024.

As the NI225 hits a new All-Time High many bearish signals started to develop.

To start, we have multiple weeks of bearish action.
The classic rounded top is already in.

➖ Other indexes such as the DJI, SPX & safe-haven assets such as Bitcoin are already on the retrace, coming off new All-Time Highs and multiple years of growth.

I see a drop happening based on the current chart.
👉 Main target sits at ~25,000.

• First stop = 33,000.
  
• Second stop = 28,000.
  
• Third stop = 25,000.
  

It can go lower, depending on how things develop, and hit 20,000 which is a major support range.

This is not financial advice.
Remember to do your own research.

Thanks a lot for your continued support.

Namaste.