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Nikkei Short

Here are the possible alternative subsequent movements of the Nikkei index.
It is assumed that the index formed a five-wave structure from the beginning to the middle of April, followed by a corrective three-wave structure. And currently we have a zigzag downward movement. In this regard, it can be assumed that most likely we will see either a ending diagonal triangle or a horizontal triangle with a final downward movement following.
Elliott WaveNikkei 225 CFDWave Analysis

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