Market Analysis 20190902

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Hello everyone. It’s been a while.
Starting today, I will resume posting analyses, but today the U.S. market is closed. Practically speaking, you might consider it as September starting tomorrow.
Since the monthly chart is confirmed, I will only perform analysis on larger timeframes.

In August, except for the early part, there was no clear direction in the market.
Many market participants, including myself, were on a longer summer vacation, which is one of the reasons August tends to lack momentum every year. (It’s called the summer lull market.)

And the long summer vacation is already nearly over, and market participants are returning. From here, as we move toward year-end, many trends tend to form, so it’s good to have some expectations.

Now, the analysis.

Since it is the first day after the break, I will pick a few items for explanation.