The Best Buying Zones for the Japanese Nikkei Index in the Medium Term

The Japanese Nikkei Index has begun a correction process

after the significant rise in the recent period.

The correction is expected to continue until it reaches

the demand areas below, near the uptrend.

If the demand areas identified on the chart are reached

located at 45277,

a return to the uptrend is expected, reaching the targets

identified on the chart at 46300 and 47700.

However, if the demand areas are broken

 and the index closes below them, and the uptrend also breaks,

the decline may continue until it reaches the next demand areas

identified on the chart, located at 42511.

It is preferable to focus more on buying if any buy signals 

appear on lower time frames, such as the 4-hour and hourly time frames.