The Nikkei-225 Stock Average is a price-weighted average of 225 top-rated Japanese companies listed in the First Section of the Tokyo Stock Exchange.
Not all stock market investments carry the same degree of risk.
Many traders said the return of fund managers brightened the outlook for Tokyo shares for the rest of the week.
A further negative development is indicated, and there is resistance against the ceiling of the trend channel.
In the case of both Japan and China, five-wave impulsive Elliott wave patterns ended at the 2007 highs in the Nikkei 225 and the Shanghai Composite.