Shunya.Trade Market Research Desk — Asia-Pacific Post-Market Review

Closing Bell Research Wrap: Defensive Supply Pressure Across 1 Assets & Next-Session Order Blocks for N225

November 05, 202604:35 PM LocalInstitutional Order Flow & SMC Research
Nikkei 225 (N225)
61,077.90
-1.79%
Research Desk Post-Market Follow-Up — Asia-Pacific Session Audit

The session across Tokyo, Hong Kong, and Singapore resolved defensive supply-driven. Recap below. Following up on our morning pre-market levels, today's tape resolved with 0 assets defending bullish structure and 1 remaining under seller control. N225 settled at 61,077.90 (-1.79%), with N225 (-1.79%) leading relative strength and N225 (-1.79%) absorbing the heaviest session distribution.

What Carried Through & What Changes for Tomorrow: Today's price action respected the outer Order Block boundaries on the majority of tracked setups, with N225 holding above structural demand while N225 faced rejection near overhead supply. Going into the next session, watch the updated 50% Equilibrium pivots and Fair Value Gap (FVG) imbalances below — those levels define whether today's close transitions into trend continuation or a liquidity sweep reversal.

Volatility Index — CBOE VIX
16.6% Moderate
Nikkei 225 (N225)
Strong Bearish
61,077.90
-1.79%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
⚡ Smart Money Concepts (SMC) Institutional Map
Premium Zone (17.9% from 50% Eq)
Market StructureMSS (Bearish) at 62,726.18
50% Equilibrium Baseline51,812.23
Bullish Order Block (+OB Demand)58,028.75 – 58,265.18
Bearish Order Block (-OB Supply)64,819.56 – 65,067.80
Fair Value Gap (FVG Imbalance)Bearish: 60,786.19 – 63,615.32
Liquidity Pools (EQH / EQL)Internal Liquidity
Research Desk Order Flow & Session Note
On the Nikkei 225 (N225) tape (61,077.90, -1.79%), overhead supply continues to cap relief bounces after a MSS at 62,726.18 around the 51,812.23 50% Equilibrium threshold. Active Bearish Order Block (-OB) supply is defending 64,819.56–65,067.80, leaving downside liquidity exposed toward the 58,028.75–58,265.18 demand zone. An open Bearish Fair Value Gap (60,786.19–63,615.32) reinforces overhead supply on relief rallies. Session Follow-Up: Sellers defended overhead supply throughout the session; staying below 62,938.71 preserves the drawdown trajectory toward 59,812.54.
Support / Resistance
Support60,030.10
Resistance70,798.62
Moving Averages
21-day SMA65,094.73
50-day SMA65,452.63
100-day SMA66,387.18
200-day SMA61,936.67
Moving Average Trends
Moving averages show a rotational tape between the 21-day (65,094.73) and 50-day (65,452.63) levels, highlighting why order-block boundaries take precedence over lagging trendlines here.
Momentum (RSI)
At 35, the momentum oscillator reinforces the bearish lean. Sellers have the edge in the near-term.
Bollinger Bands
Remaining capped beneath the Bollinger basis (64,815.27) keeps the near-term channel tilted toward the lower band at 59,672.19 until buyers reclaim the midpoint.
Trade Setup
Entry
61,077.90
Stop Loss
62,938.71
Take Profit
59,812.54
Risk / Reward
0.68
Strong Sell
Top Options Strategies
Long Put72%
Buy OTM Put
Put Ratio Backspread72%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread69%
Sell Call + Buy higher Call
Market Search Previews
Research Desk Takeaway
Track USD/JPY correlation with Nikkei 225 and watch Hang Seng tech sector for regional momentum cues.
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⚠ Disclaimer: This analysis is prepared by the Shunya.Trade Market Research Desk for educational and informational purposes only. It does not constitute financial advice. Trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.