May 23, 2019 Trend 793 Consideration of the RSI total for the Nikkei Average that has not yet bottomed out [From Mr. Tetsuo Inoue's newsletter]
GogoJungle presents a partial excerpt from Mr. Tetsuo Inoue’s investment newsletter "Trends in the Market." This is from today’s distribution.
In the current period, the numerical values appearing at the stage where the U.S. has bottomed (based on the RSI total) while Japan is still bottom-finding appear in the third stage below: "Japan’s sentiment remains highly uncertain, bottoming out." This indicates, according to historical data, that it is different from the psychology currently discussed on market-related programs, which suggests "there could be another round of adjustments."
"Trends in the Market" (Tetsuo Inoue)quoted.
From a technical standpoint, the market analysis seems to differ from what market-related programs are saying. It is important to analyze various pieces of information and closely monitor price movements. (Editorial Department)