Detailed Elliott Wave analysis of the Nikkei 225 (NI225). Explore the completion of Wave IV at 50,558 and the current bullish impulse targeting the 64,607 Fibonacci extension.
The Japanese equity market is currently the star of the global financial stage. Following a prolonged multi-year cycle that started in early 2023, the Nikkei 225 (NI225) has recently exited a complex Wave IV correction, setting the stage for a final, powerful impulsive advance.
The Elliott Wave Count: From 50,558 to the Sky Our 4-hour chart reveals a complete impulsive sequence through Waves I, II, and III. The recent Wave IV correction found significant demand at the 50,558 support zone.
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The Current Impulse: We are now witnessing the birth of Wave V. Within this structure, the index is currently moving through a powerful sub-wave (iii), characterized by high volume and sharp price appreciation.
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Fibonacci Projections: The primary objective for this cycle is the 1.618 extension located at 64,607.
Market Sentiment: Sentiment remains overwhelmingly bullish as the index breaks through psychological barriers. For long-term investors, the structure confirms that the primary trend remains intact, and any short-term pullbacks are likely part of the corrective sub-waves within this larger V. impulse.
Conclusion: Nikkei 225 is proving to be a masterpiece of Elliott Wave geometry. With the 50,558 floor established, the focus remains exclusively on the upside targets as we approach the final targets of this historic rally.