JP225 4H: Bearish Outlook Below 70,000 ResistanceJapan 225 IndexICMARKETS:JP225LIVERMORE333Current Situation: The EMA death cross (sell signal) confirmed on July 2nd remains active. Additionally, the sell signal on USDJPY suggests heightened risk of FX intervention, leading me to expect heavy topside pressure on JP225. Strategy: Unless we see a decisive break above the psychological and structural resistance at 70,000, I believe the downward momentum outweighs any upward potential. Action: Long positions are completely off the table. My priority is a reversal scenario. I am currently holding only a "probing short" (small initial position) while waiting for the price action to confirm a further decline. Summary: Caught between technical breakdowns and intervention risks. I maintain a bearish bias using 70,000 as my "line in the sand" and will closely monitor the market’s reaction heading into next week. #JP225 #NIKKEI225 #TradingStrategy #SwingTrade