October 21 (Tue): 【Harmonic】 Nikkei 225 vs Nasdaq
This time
『NASDAQ』
will be compared.
【Overall Scenario Probability】
This week's overall market is…
“Rise: 45% / Fall: 55%”
※ Trend continues without Harmonic-Pattern drawing, but the downward view is maintained.
※ Presented as a reference level.
【This week's market highlights】
This week's harmonic analysis shows an interesting situation.
For both Nikkei 225 and NASDAQ, hardly any Harmonic-Pattern that can be drawn is confirmed, which means a strong trend is continuing.
NASDAQ weekly Shark rise has exceeded the B measurement and continues to rise; although the confidence is decreasing, if a reversal occurs, a larger decline aimed at the PRZ is expected.
For Nikkei 225 4-hour chart, the expected Gartley rise ended up being Unformed, and the rise continued.
On the other hand, US 10-year Treasury yield weekly Crab has a distorted wave but is again in a downward trend, and important focus is whether it can break the April low and reach the T/P-Zone.
Harmonics-wise, the overall bearish view persists, but in strongly trending phases patterns are harder to draw. Detailed analysis is available in the paid section.
➥The continuation is explained in detail in a members-only report.
If you have not registered yet, please join from here ↓
● Use “The Unraveling of Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescriptions” 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.)