December 4 (Thu): [Harmonic] Nikkei 225 vs. U.S. 10-Year Treasury Yield
This time
is called the "temperature of the economy"
and the comparison with the “US 10-year Treasury yield”
will be performed.
【Overall Scenario Probability】
This week's overall market is…
“Up: 40% / Down: 60%”
(Downward majority, with more downward waves on major timeframes)
※ Presented as a reference level.
【This Week's Market Highlights】
This week's market shows a tendency for both US 10-year Treasury yield and the Nikkei 225 to face downside risk. In particular, the movement around the PRZ near the weekly Crab is sluggish, and even if there is a short-term rebound, it tends to move downward again.
Meanwhile, the Nikkei 225 is in progress with a Butterfly downward on the 1-hour chart, and the focus is whether the downward move toward the Second-Target-Zone will continue.
Also, considering the positive correlation with Bitcoin and NASDAQ, there may be periods of temporary gains, but since the upside remains heavy, a pullback-selling strategy appears advantageous. In particular, the reactions near the moving averages on each timeframe are important, and if a reversal occurs at the resistance band, entry accuracy tends to improve.
➥The continuation is explained in detail in the members-only report.
If you have not registered yet, please go 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 “The Prescription of Harmonics” to draw the Zone where charts should stopZone—try it!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（※The following is for members only.）
