September 25 (Thu): [Harmonic] Nikkei 225 VS US 10-Year Treasury Yield
This time
'The Temperature of the Economy'
'U.S. 10-year Treasury yield'
as a comparison.
[Overall Scenario Probability]
This week's overall market is…
'Up: 40% / Down: 60%'
※ Considering [Correlation], the down scenario is somewhat favored
※ Presented as a reference level.
[This Week's Market Focus Points]
This week's focus is whether the U.S. 10-year yield can start a genuine reversal downward from the CPRZ on the weekly chart's Crab pattern. Up to now it has not easily reached the T/P Zone (green) and has formed a distorted waveform, but uptrends are also drawn on the daily and 4-hour charts, leaving the possibility of downward movement aimed at the PRZ.
Also, in the Nikkei 225, a Shark up on the daily chart has appeared, suggesting a focus on a downward scenario as well. Furthermore, when considering the correlation between the two markets, there is an increasing likelihood that both may turn downward.
Whether the decline progresses while maintaining correlation, or whether one breaks down and reverses to become negatively correlated, this week will be a particularly notable point.
➥The continuation is explained in detail in the members-only report.
If you have not registered yet, please join from here ↓
● Analyze daily charts using 'A Practical Guide to Bollinger Bands'
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use 'Prescriptions for Harmonics' to draw the 'Charts should stop at stopping points' ZoneZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※ The following is for members only.)