Big movement expected on JPN225 after a breach of the resistance

JPN225 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 23975.5020 within the next 8 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 36 days.