Nikkey 225

The Nikkey 225 remains in a long term uptrend.(red line)
However we you compare the Nikkey in eur versus the Stoxx 600 (black line), the relative long term is still in favor of the Stoxx 600.

Technically the index may be close to a multi- month breakout but as you can see short-term momentum is falling.
The Nikkey 225 needs to clear the resistance line (in red) to improve the mid-term outlook.