NIKKEI 225 (N225) Elliott Wave Analysis – Trading Lounge Day Chart
NIKKEI 225 (N225) Daily Chart Analysis
NIKKEI 225 (N225) Elliott Wave Technical Analysis
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Function: Trend
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Mode: Impulsive
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Structure: Navy Blue Wave 3
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Position: Gray wave 3
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Direction (Next Higher Degrees): Navy blue wave 4
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Details: Navy Blue Wave 2 is complete, with Navy Blue Wave 3 actively unfolding
- Wave Invalidation Level: 35,109
The NIKKEI 225 Elliott Wave analysis on the daily chart reflects a bullish market trend progressing through an impulsive wave structure. The dominant wave currently is navy blue wave 3, nested within a larger gray wave 3 formation. With navy blue wave 2 having concluded, the navy blue wave 3 is unfolding, pointing to further upward movement consistent with Elliott Wave principles.
Typically, wave 3 in the Elliott Wave sequence is characterized by strong price advances, suggesting that the NIKKEI 225 will continue to rise as this wave develops. After wave 3 completes, the next phase will be navy blue wave 4, a corrective wave expected to interrupt the current bullish trend before the market resumes its upward momentum.
The invalidation level is set at 35,109. If prices drop below this level, the current wave count will be invalid, signaling the need for a fresh analysis. As long as the price remains above 35,109, the bullish wave structure will stay intact, with further upward movement expected within the impulsive wave framework.
Summary
- The NIKKEI 225 remains in a bullish trend, driven by navy blue wave 3 within gray wave 3.
- The completion of navy blue wave 2 has paved the way for the ongoing upward movement.
- Traders should watch for the development of navy blue wave 4, which will introduce a corrective phase.
- Monitor the critical invalidation level at 35,109 to confirm the continuation of the bullish trend.
NIKKEI 225 Elliott Wave Analysis – Trading Lounge Weekly Chart
NIKKEI 225 (N225) Index Technical Analysis
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Function: Trend
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Mode: Impulsive
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Structure: Navy Blue Wave 3
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Position: Gray wave 3
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Direction (Next Higher Degrees): Navy blue wave 4
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Details: Navy Blue Wave 2 is completed; Navy Blue Wave 3 is progressing
- Wave Invalidation Level: 35,109
The NIKKEI 225 Elliott Wave analysis on the weekly chart reflects a bullish trend unfolding within an impulsive wave structure. The active wave is navy blue wave 3, which is part of the broader gray wave 3 pattern. With navy blue wave 2 complete, the market has entered the third wave, which tends to deliver strong price gains in the Elliott Wave framework.
As navy blue wave 3 continues to progress, the market is expected to maintain its bullish trajectory, signaling more potential upside. This wave will remain active until gray wave 3 concludes. Afterward, the market is likely to enter navy blue wave 4, a corrective pullback before the broader uptrend resumes.
The wave invalidation level remains at 35,109. If the price falls below this level, the wave structure will need to be re-evaluated. However, as long as the market trades above 35,109, the bullish trend remains intact, with navy blue wave 3 actively unfolding.
Summary
- The NIKKEI 225 continues in a strong uptrend, driven by navy blue wave 3 within gray wave 3.
- The end of navy blue wave 2 signaled the start of this impulsive advance.
- Watch for the development of navy blue wave 4, which will introduce a corrective phase once the current wave concludes.
- Monitoring the invalidation level at 35,109 is essential to confirm the structure and the continuation of the bullish momentum.
Technical Analyst: Malik Awais
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