FX:JPN225Nikkei 225 index of Japanese listed shares
As we can see from the daily chart : a three wave correction ABC at the begining . Then price went up but could not continue . This formed the W and X waves . then the rally down continued .
So depend on the previouse move I am expecting a strong move down ABC to finish wave Y in the yellow area .
short traders can go for intradialy trading for the flactuating price up and down but in general we are going down .