JP225 Maintains Uptrend as Profit-Taking Pressure Emerges Near the 66,000 Level

After a consolidation phase around the 59,000–60,000 area, the index broke strongly above key resistance zones and is now trading around 65,670, close to the newly established high near 66,500.

The recent upward move shows that buyers remain in control, especially after price broke above the supply zone around 63,000–63,300 and quickly advanced toward the 65,000–66,000 area. However, after such a strong rally, JP225 is showing signs of short-term consolidation just below the near-term resistance around 66,000, suggesting that the market may be pausing to absorb profit-taking pressure.

The RSI on the 4H timeframe is around 71, while the Daily RSI is near 69, reflecting strong bullish momentum but also indicating that the index is approaching overbought territory. This suggests that the uptrend remains intact, but the risk of a short-term technical correction is increasing if buying momentum fails to hold at elevated levels.

In the short term, the 65,000–65,300 area is acting as the nearest support zone. If JP225 holds above this region, the index may retest the 66,000 level and potentially move toward the next resistance zone around 67,000–68,000. This is an important supply area on the chart, where stronger profit-taking pressure could emerge.

Conversely, if price breaks below the 65,000 area, JP225 could enter a technical correction toward deeper support levels around 63,000–63,300. This is the nearest demand zone following the previous breakout. If selling pressure extends further, the 61,000–61,500 area will be the next key support zone to watch.

27.05.2026

NIKKEI 225 (JP225)

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Disclaimer: The chart reflects the analyst's opinion and does not constitute investment advice. Past performance is no guarantee of future returns. Seek independent advice before making decisions.