Japan: Nikkei 225
The Nikkei 225 reversed above short-term support at 8600, signaling another test of 9000. Twiggs Money Flow (21-Day) bearish divergence warns of a down-swing to test 7000. Breakout above 9000 remains unlikely, but would signal a primary up-trend. Reversal below 8600 would warn of another test of 7000 — confirmed if 8500 is penetrated. The export-led Japanese market has experienced a sharp contraction in sales. A rapid turnaround is unlikely.
US: Dow Industrials
The Dow encountered resistance at 8200, with increased volume and a weak close. Expect a test of support at 7800. Breakout below 7800 would warn of a down-swing to test primary support at 6500, while reversal above 8200 would test primary resistance at 9000.
UK: FTSE 100
The FTSE 100 experienced similar resistance at 4300. Expect a correction to test support at 4000. In the longer term, breakout above 4300 would test primary resistance at 4650, while reversal below 4000 would test primary support at 3500.
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