October 6 (Mon): 【Harmonic】 Nikkei 225 VS Russell 2000
This time
we compare with the “canary in the coal mine” often cited as leading in a downtrend
“Russell2000”
in comparison.
【Overall Scenario Probability】
This week's overall market is…
“Up: 50% / Down: 50%”
※ With pattern confidence reduced,判断 direction is difficult
※ Presented as a reference level.
【This Week's Market Focus Points】
This week's market remains harmonically biased to a 'downward' view, but this is a critical phase where the reliability of each pattern is changing.
Nikkei 225 Daily Chart 【Shark】 Upward is considered 【invalid】 due to waveform distortion, and a new pattern formation is awaited.
Russell2000 4-hour Chart 【Shark】 Upward has already completed, and after reversing up from the PRZ, it reaches the T/P-Zone (green); movement thereafter is under close watch. In particular, the point where price stalls at the PRZ and at the T/P-Zone (green) is an important focal point.
U.S. 10-Year Treasury Yield Weekly Chart 【Crab】 Downward has lingered long in the PRZ, and the waveform remains markedly distorted.
Bitcoin 4-hour Chart 【Gartley】 Downward has barely breached the stop-loss, entering a situation where a breach judgment is looming.
Overall, judgments are required in a context where the confidence in harmonic patterns is decreasing. For detailed scenario analyses and the probabilities of upside/downside by instrument, please check the paid section.
➥The remainder is explained in detail in the members-only report.
If you are not yet registered, please go here ↓
● Analyze daily charts using “Disassembly of Bollinger Bands”
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescriptions” to draw the Zone where charts should stop, with ‘the chart stops at the point it should stop’Zonehttps://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(Note: The following content is for members only.)