cmc0068
Short

Perfect wave

FX:JPN225   Nikkei 225 Index
207 1 1
In the weekly chart, I think it`s running a wave C, maybe reaches to the last lower position which is at 14500 in wave 2.

Another opinion is: P1 to P2 (21000 to 17000)= P3 to P4 (20000 to 16000)= 4000 points, so the first support will be 16000.

And if P2 to P3 (17000 to 20000)= P4 to P5(16000 to 19000)= 3000 points, then should have a rebound.
Roger that sir....
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