WHAT'S FLOWING: NIKKEI225 (BULLISH)The JP225 (Nikkei 225) is showing strong upside potential as it breaks higher from key consolidation zones, reflecting renewed buying interest and optimism in the Japanese equities market.
Key Observations:
1. Trend Shift:
• The index has successfully reclaimed critical levels around 38,580.85, confirming a bullish reversal.
• Price action is supported by higher lows and a breakout from the value area.
2. Volume Profile Insights:
• Point of Control (POC) at 38,580.85 acts as a springboard for further gains.
• Value Area High (VAH) at 38,770.50 signals the next resistance to monitor.
3. Bullish Targets:
• Initial target at 39,181.18.
• Extensions toward 39,750.00 and beyond align with the prevailing uptrend.
4. Risk Management:
• Stop Loss: Below 38,316.05 for downside protection.
• Take Profit: Incrementally at 39,181.18 and higher levels.
Market Context:
The JP225’s upward momentum aligns with broader equity market gains, potentially driven by favorable economic data and positive global sentiment. Traders should watch for any pullbacks to key support levels, offering re-entry opportunities.
Stay tuned for updates as we track this bullish move.
