October 23 (Thu): [Bollinger Bands] Nikkei 225 VS US 10-Year Treasury Yield
This time
is referred to as the “temperature of the economy”
compared with the “U.S. 10-year Treasury yield”
.This is a comparison to the U.S. 10-year yield. 【Overall Scenario Probability】
This week’s overall market is…
“Rise: 50% / Fall: 50%”
※ Nikkei 225 rising may be counterbalanced by falling U.S. 10-year yield and Bitcoin.
※ Provided as a reference level.
【This Week’s Market Focus Points】
This week’s market may reach an important turning point.
The U.S. 10-year yield has a strong positive correlation with USD/JPY, but the daily chart shows a downward expansion and downtrend channel on the weekly chart, suggesting a predominance of downward movement. However, from the monthly to the daily charts there is an upward divergence indicating a potential rebound.
The Nikkei 225 has an ongoing upward Bollinger Bands waveform from the monthly to the daily chart, but the four-hour chart is developing from a closing-state to a MA reversion, so the future direction is of interest.
The four major U.S. indices are in an upward wave but are forming bearish candles, and a concern is that Bitcoin, a leading indicator, has already declined.
Furthermore, GOLD is in a reversal upward phase, and GOLD, which moves inversely to stocks, will influence the direction of the Nikkei 225. For detailed analysis, please check the paid section.
➥The continuation is explained in detail in a members-only report.
If you are not yet registered, please click here ↓
● Try analyzing daily charts using “Exploded Commentary on Bollinger Bands”
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescription” to draw a Zone where the chart should stop, and see how the chart behaves!Zone https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（This is limited to members from here on。）
