Headlines related to the Middle East surge and plunge repeatedly, so for now it might be a time to "pause and let the market rest"

The current Nikkei 225 index level is75-day moving average (13 days as of now53,007.22 yen) ～25-day moving average (same56,189.67 yen) trend is the main scenario.25However, since the-day moving average itself is turning downward, at the present moment there is a slightly higher possibility of moving toward the75-day moving average direction. Therefore, with a cautious approach and awareness of a downside, careful operation is required. That said, if the Iran conflict moves toward a resolution, the chart is likely to improve rapidly. For this reason, we also think a simple short strategy cannot be adopted. In conclusion, in a situation like now, where headlines related to the Middle East cause sharp rallies and declines, it might be prudent to "rest the market" for a while.