January 5 (Mon): [BB & HM] Nikkei 225 VS Russell 2000
Once again, Happy New Year ^^
I look forward to your continued support throughout this year as well!
“This year for sure!”
Even if you think so, it’s common to end up spinning your wheels.
Slowly and steadily, without rushing, settle in and focus,
keep your head cool, but let your heart burn with passion
This time
we will compare with the “canary in the coal mine” that leads a declining market
『Russell2000』
to it.
【Overall Scenario Probability】
This week's overall market is…
“Up: 45% / Down: 55%”
※ Bitcoin and Harmonics indicate a slight downward bias after a brief rise in this scenario.
※ Presented as a reference level.
【This Week’s Market Focus Points】
This week's market is entering a very complex phase.
The four major U.S. indices are showing different directions: Dow Jones is rising with MA support producing a bullish candle, NASDAQ is falling with a downward MA producing an upper shadow bearish candle, and S&P 500 is crossing above MA, forming a doji around MA, meaning they’re all in a state where they can move in either direction near MA.
An important factor is the movement of Bitcoin, which somewhat leads the four major indices. It is currently in a sideways time adjustment, with a possibility of a 1:1 Elliott wave moving downward.
Meanwhile, the benchmark 10-year US Treasury yield, often seen as a gauge of economic temperature, is supported by an upward MA, forming a lower wick bullish candle, so an upside scenario is also possible.
In Harmonic analysis, on Bitcoin [daily chart] Gartley ⬇ and Crab ⬇ light up, and with Magnet-Move an upward move to the PRZ followed by a reversal downward is anticipated.
Overall, an initial rise followed by a decline is expected.
For detailed analysis, please check the paid section.
➥The continuation is explained in detail in the members-only report.
If you are not yet registered, please click here ↓
【Notice】
In the future, we will merge the following two newsletters!
We will analyze using both Bollinger Bands and Harmonics from both sides,
to make a comprehensive judgment.
The timeframe for analysis will be set to weekly, daily, 4-hour, and 1-hour charts as well.
※We may cause some inconvenience during the integration, but
we appreciate your understanding. m(_ _"m)
If you encounter any issues, please let us know.
● Use “Bollinger Bands Unveiled” to analyze the daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescriptions” to draw the Zone where charts should stop—the Stop Points!Zoneto illustrate!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(*From here on, for members only.)