Japanese stocks fell alongside the Nikkei index.

Japanese stocks closed lower on Thursday.

The sectors most affected by the losses were the telecommunications,

 transportation, and paper sectors.

The leading stocks that fell sharply were:

Sumitomo Dainippon Pharma Co. shares fell 6.7%.

Sekisui House, Ltd. shares fell 6.4%.

Kawasaki Kisen Kaisha, Ltd. shares fell 5.2%.

The Nikkei index also fell 0.57% today.

Among the leading stocks that posted gains:

Lasertec Corp. shares rose 5.6%.

Advantest Corp. shares rose 4.5%.

Tokyo Electron Ltd. shares rose 3.7%.

Regarding the technical analysis of the Japanese Nikkei index:

The index has already managed to rise from the demand zones

which had previously been warned of a strong opportunity in the event of a trend break.

The index has indeed risen to the first target, and the movement remains positive.

This indicates a continued rise, and we may indeed reach the second target

and final target at 39,200.

However, if the demand zones are broken and a full-day candle closes below them,

specifically below 36,595, the index may continue its decline

reaching the next demand zones near 34,553.