Stock index futures during the day are showing a market led by Nikkei-linked contracts, with long positioning targeting pullbacks expected. Following the midday session's movement, market observers report that futures-focused trading is becoming more prominent.
Market participants expect Nikkei-linked contracts to lead the market, viewing conditions as conducive to buybacks in major futures and dip-buying activity.
Under a long strategy targeting pullbacks, positions are expected to be built to capture a rebound in share prices.
The market covered is centered on Nikkei-linked index futures, and the developments could also affect the cash market.