A Strong Buying Opportunity for the Nikkei Index During the Correction

The Nikkei index continued its upward trend as we anticipated, breaking through the 55133 level and establishing new buying demand zones. These zones are considered among the most important buying opportunities currently available on the daily timeframe.

The outlook remains positive for the index's continued rise in the long term. Therefore, we recommend focusing on buying opportunities during any corrections.

Expected Buying Zones

The new demand zones that have formed near the 54800 level are considered strong. If the index corrects and tests these zones, we expect to see a renewed upward movement, resuming the long-term uptrend.

From a technical perspective, if the demand zones are tested, a rise to the chart targets of 56300 and 57900 is anticipated.

This analysis will be invalidated if the demand zones are broken and the index closes below them with a daily candlestick.