December 10 (Wed): 【Bollinger Bands】 Nikkei 225 VS USD/JPY
This time
“USD/JPY”
will be compared with.
【Overall Scenario Probability】
This week's overall market is…
“Rising: 55% / Falling: 45%”
(Upward pressure from major U.S. indices is dominant)
Note as a reference level.
【This Week's Market Focus Points】
This week's market, while major U.S. indices maintain a generally upward-moving pattern, shows occasional pockets of “stagnation,” creating a mix of short-term reversal risk and room for gains.
In particular, NASDAQ is approaching the 日足 +2σ (daily chart +2 standard deviations) level, and it is crucial to see whether it clearly surpasses this point or if it encounters resistance that leads to a reversal.
On the other hand, the 日経225 (Nikkei 225) shows little directional movement on the 4-hour chart, with a possibility of returning to a squeeze, so attention should be paid to the changes in the direction of moving averages as time passes.
The USD/JPY has a thin upper resistance band, making upward continuation easier in shape, but in the short term +2σ reaching is likely to be in focus.
Overall, the biggest focus is whether major markets will all reverse at the same time, and this week is likely to be a period to carefully discern such signs.
➥The continuation is explained in detail in the members-only report.
If you are not registered yet, please go here ↓
● Use “The Encyclopedic Guide to Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescription” to draw the chart with ‘Where charts should stop, they stop’Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※The following is for members only.)