September 22 (Mon): 【Harmonic】 Nikkei 225 VS Russell 2000
This time
we will compare with the so-called “canary in the coal mine” leading in a downtrend
“Russell2000”
in relation to it.
This week's overall market is…
“Rise: 45% ／ Fall: 55%”
(Reflecting the predominance of falling US interest rates)
※ Presented as a reference level.
【This Week's Market Focus Points】
In this week's market, the PRZ of the Crab that has reached on the 10-year US Treasury yield weekly chart remains a focal point. Normally, a reversal to a downward move would be expected from this level, but reaching the T/P-Zone has been elusive, forming a distorted wave.
The impact on the Nikkei 225 and Russell 2000 is significant, especially for the Nikkei 225 daily chart where the Shark signal is starting to appear, and the key is whether the decline toward the PRZ will proceed.
By discerning the relationship between US Treasury yields and stock indices, the direction of the overall market this week will become clear.
➥The continuation is explained in detail in a members-only report.
If you are not registered yet, please join here ↓
● Analyze daily charts using “The Demystified Bollinger Bands”
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “The Prescription of Harmonics” to plot “The Chart should stop at the point where it should stop”Zone! Plot it!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※The following is for members only.)
