October 24 (Fri): 【Harmonic】 Nikkei 225 vs. GOLD
This time
it is generally said to be inversely correlated with stock prices
'GOLD'
in comparison with.
[Overall Scenario Probability]
This week's overall market is…
“Rise: 45% ／ Fall: 55%”
※ Trend is continuing without Harmonic-Pattern drawing, but direction is evenly balanced.
※ Presented as a reference level.
[This Week's Market Focus Points]
In this week's harmonic analysis, neither Nikkei 225 nor GOLD shows a Harmonic-Pattern that can be drawn on all timeframes. This is evidence that the trend is strong and continuing.
GOLD has moved up from a triangle of the Elliott wave, and unlike the initial expectation, it is showing movement that approximately aligns with the 1:1 N wave.
US 10-year Treasury yield remains distorted with the weekly Crab pattern, and the main scenario continues to be the decline from the PRZ to the T/P Zone. On the 4-hour chart, the Deep Crab reaches the PRZ, suggesting a temporary corrective rally is possible, but the overall bearish view remains unchanged.
For harmonic traders, the important thing is not to enter when drawing is not possible, but to wait for a zigzag-moving wave to develop.
Detailed analysis is available in the paid section.
➥The continuation is explained in detail in the members-only report.
If you have not registered yet, please do so from here ↓
● Use "A New Book on Bollinger Bands" to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use the "Harmonic Prescription" to draw a Zone where the chart should stopZoneand see!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（※The following is for members only.）
