November 5 (Wed): [Bollinger Bands] Nikkei 225 vs USD/JPY

【This Week's Market Focus Points】

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

While USD/JPY shows slight signs of reversal to the downside, because the 〖4-hour chart〗 is not a pointed cap but rather flat and then declines, it is judged that this is more likely a pullback from a prior uptrend rather than a trend reversal. The crucial juncture is whether the daily chart can be supported by an upward MA; if supported, there is a possibility of rising to the 〖monthly chart〗 +2σ, but if it falls to -2σ, there is a possibility of a decline expanding outward.【Expansion】.

The Nikkei 225's 〖4-hour chart〗 has declined to -2σ and turned downward under the MA, suggesting a potential expansion downward as it catches on the MA.

Key U.S. indices: Will the Dow Jones and S&P 500 rebound with rising MAs? If Russell 2000, known as the stock market's canary, expands downward into an Expansion, other indices may also fall. The movements of GOLD and Bitcoin are also important.

For detailed analysis, please check the paid section.

➥The continuation is explained in detail in members-only reports.

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● Use the "Deconstructing the Bollinger Bands" to analyze daily charts

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

● Use the "Harmony Prescription" to draw a 'Zone' where charts should pauseZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

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