Has the Nikkei index peaked at 40,472.11?

 

Just one month short of the 9 months between the Aug '22 & Jun '23 interim summits, with slight bearish divergence on the RSI, but not on the MACD indicators. I had already stopped buying before the stock index went above the 39,000 level in late Feb, cautious about the estimated 56-44 probability of a sharp pullback that would accompany a double-top scenario!

The nearest month futures have gone from a slight premium in early March to a 500+ point discount currently.