What Mr. Hiroshi Kouya's July market is saying: short-term stock indicators suggest weakness

The 600-yen decline on July 31 will carry over into August.

The short-term stock indicators—the 5-day, 10-day, and 20-day moving averages—have all collapsed this past week, and the short term is undoubtedly entering a correction.

Since October 2018 was declared to be the peak of the economy, I would like to discuss the business cycle and stock prices...

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