September 26 (Fri): 【Harmonic】 Nikkei 225 VS GOLD
This time
it is generally said to be inversely correlated with stock prices
“GOLD”
in comparison with it.
【Overall Scenario Probability】
This week's overall market is…
“Rise: 45% / Fall: 55%”
※In the short term there is upside room but a bearish bias remains
※Presented as a reference level.
【This Week's Market Highlights】
This week's market is an important phase where stock prices, GOLD, and the U.S. 10-year yield move in a tangled manner. The Nikkei 225 shows an upward Shark on the daily chart, but it has not yet reversed downward and remains in a sideways range, with a possibility of a new high still present.
Meanwhile, the U.S. 10-year yield has reached the PRZ on the weekly Crab, but it is not easily reversing downward and is forming a distorted wave. GOLD shows no drawable harmonic patterns, but Elliott wave terms indicate a 1:1 upward triangle has already been achieved, so the potential for a reversal should be top of mind. Considering the inverse correlation between stock prices and GOLD, which direction will show first this week is a key point to watch.
➥The continuation is explained in more detail in the members-only report.
If you have not yet registered, please go here ↓
● Use “An Illustrated Introduction to Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmony Prescriptions” to draw a “zone where the chart should pause”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
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