Nikkei has been hurt during the last trading sessions ( ABC corrective pattern). There is further downside potential, because the index closed below its support-line and 0,382 of wave "a" at 21182. Only in rare cases, a wave "c" will terminate on this Fib.-level. Therefore, a possible next TP for this wave (red and impulse pattern) could be 0,618 of wave "a" at 20541. This level would also be 0,382 of wave "1" (blue). (A usual correction for a wave 2 is 0,618 of wave 1). - I see strong resistance at 22000 and it will be interesting to watch, how NIKKEI approaches this level of 20541...