December 15 (Mon): 【Harmonic】 Nikkei 225 VS Russell 2000
[Note]
I don’t know what will happen in the year-end and New Year market.
Trade with ample margin.
At the beginning of 2019'Flash Crash'occurred.
As you can see in the diagram below,
some brokers widened the spread to 100 pips, leading to mass liquidations and margin calls.
This is why many investors recommend closing positions by year-end.
Basically, I also avoid holding positions over the year-end, or at least keep positions small if I do.
Please keep in mind that this kind of event can happen!
In time, history repeats itself…
[Anomaly]
'Tatsumi Peak, Noon Decline, Unprepared, Monkeys Stir, Dog Laughs, Pig Solidifies, Rat Prospers, Ox Stumbles, Tiger Runs a Thousand Miles, Rabbit Leaps'
is what people say.
Next year…'Noon Decline'
thus the market may lose momentum, but…
In fact, next year's "Horse year" is'Bingo Horse (Hinoueuma)'.
Even in a Horse year, when it is 'Bingo Horse,' the market can surge rapidly.
However, even if it surges, the rally can be short-lived, leading to sharp rises followed by sharp declines, which may result in a 'Noon Decline' again…
There is a tendency like this, an anomaly.
Please remember this as well! (*^^)v
This time
we will compare with the 'canary in the coal mine' in a downtrend
'Russell2000'
as a comparison.
[Overall Scenario Probabilities]
This week's overall market is…
'Up: 45% / Down: 55%'
Note: leaning slightly toward downside scenarios.
For reference only.
[This Week's Market Focus Points]
This week's market focuses on the Nikkei 225 and Russell 2000 both reaching a “turning point.”
In the Nikkei 225 daily chart, the preliminarily drawn [Gartley] ↑ may have formed a [C], and if it reverses downward from here, it could develop into a move aiming for the [PRZ].
Also, if Russell 2000 declines in tandem with Nikkei 225, a [Shark] ↑ formation could come into view.
Furthermore, if the U.S. 10-year yield weekly chart's [Crab] ↓ continues to move downward, it could weigh on the entire stock market. The paid section provides a detailed explanation of these time-frame specific scenarios and their expected probabilities.
➥The rest is explained in detail in a members-only report.
If you have not registered yet, please click here ↓
● Use "The Unveiling 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 the Zone where the chart should stopZoneand see!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(Note: The following is for members only.)