Nikkei 225 Rebounds Sharply, but Damage RemainsAfter plunging to test key support around 30,400, the Japan 225 index is staging a strong recovery, up nearly 2% on the day. However, the technical picture still leans cautious:
🔻 Price remains well below the 50- and 200-day SMAs
📉 MACD remains in bearish territory, though downside momentum is slow