MMA Weekly Report Nikkei Stock Average By Raymond Merriman Apr.13 2026

1. Review

The Nikkei 225 average closed last week at 56,924, up 3,801 points from the previous week. The week's low was 53,156 on Tuesday the 7th. The week's high was 57,012 on Friday the 10th. Since the closing price exceeded the weekly upper resistance line, it carried over the previous week's bullish trigger, presenting a strong bullish stance. This marks a streak of bullish momentum. In fact, this closing price exceeded the Weekly Trend Instrument Point (TIP) for the first time in six weeks. Therefore the overall trend has been upgraded from “downtrend” to “neutral.”

2. Cycles

As previously stated, in “Forecast 2026” the long-term cycle length for the Nikkei 225 has been changed from 17 years to 19 years. However, the starting point remains October 28, 2008, at 6,994. Therefore, where this 19-year cycle bottoms, or whether it has not yet bottomed, will be the focus in 2026.

Please see the PDF file for the continuation.

* MMA Report is prepared from Mr. Meriman’s (Murphy’s) unique perspective for information purposes, and does not constitute a buy or sell recommendation.

* Please make your own final investment decisions at your own responsibility.

* Unauthorized copying or distribution of our reports would violate the contract. If such violation is discovered, legal action may be taken, and distribution may be stopped even within your subscription period. We appreciate your understanding and cooperation.