JP225: Wave 5 – Completed or Still Going?Japan 225 IndexICMARKETS:JP225LIVERMORE333JP225 Impulse wave from the June 11 low. We are currently in sub-wave 5 of the larger impulse wave 5 — or it may have already completed. • If wave 5 is finished → Friday’s high was not exceeded. • If wave 5 is still developing → A new high is possible, but upside remains limited. First downside target after the decline: 65,851 #JP225 #ElliottWave