Japan 225 Breaks Support — Is Another Leg Lower Beginning?Japan 225 - CashCMCMARKETS:JAPAN225Yong726Market Structure Japan 225 remains in a short-term bearish structure after failing to establish a sustained recovery. The recent rebound stalled below previous swing highs, and sellers have regained control by pushing price below the recent consolidation range. The sequence of lower highs and lower lows suggests bearish momentum remains dominant unless buyers reclaim key resistance. Market Sentiment - Moderately Bearish Market sentiment has weakened as repeated selling pressure continues to limit upside attempts. Buyers are beginning to defend nearby support, but stronger confirmation is still required before a meaningful recovery can develop. ──────────────────── Market Outlook The broader trend has shifted into a corrective phase following the sharp decline from the August highs. Price is now testing an important demand area where buyers may attempt to stabilize the market. Whether this becomes a temporary bounce or the beginning of a larger recovery will depend on price behavior around nearby resistance. ──────────────────── Key Levels First Resistance 64,900 Second Resistance 65,600 First Support 64,200 Second Support 63,500 ──────────────────── Future Scenarios Bullish Scenario If buyers successfully defend 64,200 and reclaim 64,900, bullish momentum could gradually improve and open the way toward 65,600, suggesting that the recent selloff was only a corrective move. Bearish Scenario If sellers break below 64,200, downside pressure may accelerate toward 63,500. A decisive break below that level would reinforce the current bearish structure and increase the probability of another leg lower. ──────────────────── Event Risk Japan 225 remains highly sensitive to both domestic and global macroeconomic developments. Investors continue to monitor Bank of Japan policy expectations, the U.S. Federal Reserve interest-rate outlook, Treasury yields, USD/JPY movements, global technology stocks, and overall risk sentiment. As many major Japanese exporters benefit from currency weakness, fluctuations in the Japanese yen remain an important driver of index performance. The next confirmed major macro event is the Federal Reserve meeting on September 15–16, 2026. Any shift in interest-rate expectations could influence global equity markets and Japanese stocks through changes in risk appetite and currency movements. Ultimately, price reaction matters more than the headlines. If positive news cannot lift Japan 225 back above 64,900–65,600, sellers are likely to remain in control. Conversely, if negative news fails to break 64,200–63,500, the market may begin forming a stronger base for recovery. ──────────────────── Please share your view below: Do you expect Japan 225 to recover above 64,900 and regain bullish momentum, or will sellers extend the correction toward lower support? More market structure and key level updates will be shared regularly.