Nikkei 225 index is still in a descending Wave B ( nearly top of sub-c of B-abcde). The Red lines shows a descending channel which is consisting of Wave B. Long term Wolfe line had been already breakdown.... A big Wave C will come later. I am looking forward to decline of USD/JPY because CNY/JPY had already been broken with its uptrend. (cf; CNY/JPY )