December 8 (Mon): [Bollinger Bands] Nikkei 225 VS Russell 2000

【This Week's Market Highlights】

This week, all four major U.S. indices open up their bands, leaving room to rise toward the +2σ direction, which is the main characteristic.

On the other hand, the Nikkei 225 and Bitcoin have clear resistance zones in place, and Bitcoin is approaching a strong resistance zone, so a short-term reversal is being considered.

Also, the Russell2000 serves as a leading indicator for the market as the “canary in the coal mine,” but with ongoing expansion on the monthly chart, the upward momentum remains strong. However, in the short term a downward divergence is also observed, so be cautious of potential pullbacks triggered by this.

For the Nikkei 225, the key point is movement near the +2σ on the daily chart, and whether it continues to push higher or reverses downward will largely decide this week's trend.

➥The rest is explained in detail in the members-only report.

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● Use “The Unraveling of the 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 a “zone where the chart should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

（※The following is for members only.）