September 29 (Mon): [Bollinger Bands] Nikkei 225 VS Russell 2000
This time
we compare with the so-called “canary in the coal mine” leading in a bear market
“Russell2000”
.
【Overall Scenario Probability】
This week's overall market is…
“Rising: 55% ／ Falling: 45%”
※ In the short term unstable, but the big picture favors an upward trend
※ Presented as a reference level.
【This Week’s Market Focus Points】
This week's market focus is on whether the trend channel state will continue, centering on the four major US indices. In particular, whether the “canary in the coal mine” Russell 2000 shows signs of decline ahead will be a crucial point in gauging the direction of other stocks, including the Nikkei 225.
The Nikkei 225, in daily time frame, shows a horizontal time adjustment (blue zone) continuing, while maintaining a bullish bias. On the other hand, the 4-hour chart is signaling a triangle pattern, and which direction it breaks is a key point. Going forward, will the upward trend be sustained, or will it turn into a short-term decline? A critical turning point is approaching.
➥The continuation is explained in detail in the members-only report.
If you have not registered yet, please click here ↓
● Use “The Encyclopedia of Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescription” to draw a Zone where the chart should stopZoneand see how it behaves!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（Note: The following content is for members only.）
