1. Trend Table

●＝Hold / ✕＝Close price break confirmed / ↓＝Break below indicates bearish turning / ↑＝Break above indicates bullish turning

2. Important Price Zones

3. 4H Analysis

【4H / SW3 / Upward】

The 4H remains in an uptrend with rising waves. Treat 58,365 as a pullback low and the broader uptrend continues.

However, a new high beyond 60,970 has not been achieved, and the upper resistance at 60,130〜60,270 has not been clearly broken.

Recently, after a drop from the 60,000s, prices reversed around the low 59,000s and recovered to 59,590. The 4H remains upward but appears to be in a corrective phase near the range’s upper bound.

4. 1H Analysis

【1H / SW2 / Reset & Upward Wave】

The 1H shows a reset display, but the wave is upward. Structure is held with 59,145 as pullback low.

After falling from 60,015, it found support around 59,300 and rebounded to 59,590.

However, until the 59,720 close is recovered, the upside restart in the 1H is not confirmed. A break below 59,325 invites caution for a breakdown, and a break below 59,145 would warn of a structure collapse in 1H.

5. 15m Analysis

【15m / SW1 / Upward】

The 15m is in an uptrend with rising waves. With 59,330 as pullback low, it has rebounded toward around 59,595.

Currently, it has moved above the 59,555 retracement high and into the 59,590s, but resistance near 59,615〜59,720 remains close.

If 59,720 is reclaimed, the rebound continues; surpassing 60,015 would clearly resume short-term upside. Conversely, a drop below 59,395 would dampen the upward momentum.

6. Conclusion

As of 12:10, the 4H remains up, the 1H shows a reset but with rising waves, and the 15m shows a rebound. Short-term rebound is favored, but the key is whether price can break through the 59,615〜59,720 retracement zone.

• Upside:A rebound continues if 59,720 is recovered; a break above 60,015 confirms upside resume for short-term and 1H.
• Downside:A close below 59,395 ends the 15m rebound, and a break below 59,325 warns the 1H side.
• Macro:As long as 58,365 is held, the 4H upward structure remains intact.
• Current Judgment:A rebound is present but still below the retracement zone. Prioritize confirmation of stabilization over chasing highs.

7. MTF Alignment

MTF alignment is improving to the upside. However, the 1H is shown as reset, so a full upward consensus cannot be claimed until 59,720 is recovered.

8. Trade Ideas

9. In-Position Invalidation Lines

10. Current Action

As of 12:10, rebound after the night plunge continues. The 15m is in upward regression and has returned to the 59,590s.

Consider new LONGs after a recovery to 59,720 or a sustained close above 59,615.

For SHORTs, evaluate after a breakout failure above 59,720, or with a break below 59,395. Do not tilt to a large bearish stance until below 59,145.

11. Cautions

The 4H maintains an upward structure, and the broad trend is not yet bearish.

However, the drop from 60,015 indicates selling pressure at higher levels, so a straight high-price chase after a rebound is not advisable.

Decide after confirming a reclaim of 59,720 or a breakdown below 59,395.

12. About This Report

This report analyzes NK225 futures using the Dow Theory Indicator across 4H / 1H / 15m timeframes.

It organizes market context, important price zones, and trade ideas based on closing-price swing structure, pullback lows, retracement highs, and turning prices.

※This report is for information purposes and investment decisions are the reader’s responsibility.
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