However, we will deal with that when it appears and the bond market will give us the signal for this.
I like what I see here on the Nikkei. A nice downtrend with basing/range. You can say a pattern too. Let us await for a break above this resistance one.
Other confluences fake out candles and candles at the major support below, indicating that we may have shown 2/3 market moves (downtrend and range).