September 22 (Mon): [Bollinger Bands] Nikkei 225 VS Russell 2000

【This Week's Market Focus Points】

This week, the movements of the Nikkei 225 and Russell2000 are to be watched. The Nikkei 225 reverses from +3σ on a monthly chart, and whether the closing price settles near +2σ is the focus, testing whether it can stay below a solid resistance band.

Meanwhile, the Russell2000, a market often called the “Canary in the Coal Mine,” on a daily chart is becoming conscious of a downward move from a “closer state” toward a MA (moving average) reversion. If it breaks below -2σ, the MA will slope downward, possibly accelerating the decline.

Furthermore, U.S. 10-year Treasury yields and GOLD are at critical levels, and their waveforms affect major indices as a whole. Although the trend is biased toward decline, whether they can break through a resistance band is this week's point of focus.

➥The continuation is explained in detail in a members-only report.

If you are not registered yet, please go here ↓ 

● Use the “Disassembly of the Bollinger Bands” to analyze daily charts

https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside

● Use the “Harmonic Formula” to draw a Zone where the chart should stop at a point,”Zoneand see it!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

(※The following sections are limited to members.)