The Nikkei 225 fell for a second consecutive day on the 29th, with the 25-day moving average turning downward again. The index closed at ¥65,481.27, down ¥396.35 from the previous day, and the move around the ¥65,267.02 25-day moving average heightened awareness of downside risk.
The Nikkei 225 fell for a second consecutive day on the 29th, trading with a downside gap and below the previous day’s low. It closed at ¥65,481.27, down ¥396.35 from the previous day.
The candlestick had a small bearish real body and a long lower shadow extending from the open toward the close, suggesting that buying and selling were balanced toward the end of the session. The 25-day moving average stood at ¥65,267.02, and the close remained above this level.
The 25-day moving average turned downward again today, prompting views that the risk of a prolonged correction warrants attention. The broader market may remain weak.