October 17 (Fri): [Bollinger Bands] Nikkei 225 VS Bitcoin

【This Week's Market Key Points】

This week's market may reach an important turning point.

Pay attention to Bitcoin, which tends to lead the four major US indices. The monthly chart is moving toward a【closed state】, the weekly chart shows a synthesized Pin-bar around +2σ. Furthermore, on the daily chart the trend may turn downward, indicating a bearish bias. This movement could affect the broader market in the future.

On the other hand, the Nikkei 225 is upward across the entire 4-hour chart, and the current trend remains bullish.

The four major US indices are around the moving average and can move in either direction, but the movement of the Russell 2000 is a key factor. Also noteworthy is whether the US 10-year yield will develop into an expansion from around -2σ.

For detailed analysis and specific scenarios, please check the paid section.

➥The continuation is explained in detail in the members-only report.

If you are not registered yet, please go here ↓ 

● Use the “Exploded Guide to Bollinger Bands” to analyze daily charts

https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside

● Use the “Treatment Plan for Harmonics” to draw a “Zone where charts should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

（※The following is for members only.）