December 2 (Tue): 【Harmonic】 Nikkei 225 VS NASDAQ

【This Week’s Market Focus Points】

What to watch in this week’s market is the movement of the harmonic patterns drawn on major indices toward the next targets.

Both the Nikkei 225 and NASDAQ show that after reaching 【PRZ】 on the 1-hour chart, they reversed and fell, with the focus on whether they will move toward the Second-Target-Zone. Also, the 10-year U.S. Treasury yield on the weekly chart shows a persistent Crab pattern downward, continuing to weigh on the stock market. Furthermore, the correlation with Bitcoin and major U.S. indices is being monitored, so the Nikkei 225’s direction may be heavily influenced by external conditions.

Overall, a short-term rebound is possible, but a bearish bias remains warranted from a macro viewpoint. The paid edition provides a detailed examination of each instrument’s harmonics and specific targets.

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

If you are not registered yet, please proceed from here ↓ 

● Use “Introduction to 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 “Chart should stop at the point where it should stop” ZoneZoneon the chart!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

（※The following is limited to members。）