February 17 (Fri): Nikkei 225 (Free view item: charts are intertwined)
Good morning ☀
I basically only trade the Nikkei 225, but
I look at so many different charts like this.
The reason is that I am watching correlations.
No stock moves in isolation; everything intermingles to form the chart.
Since the Nikkei 225 is influenced by the United States, it correlates with US indicators, and when the economy weakens, demand shifts to gold (GOLD), creating an inverse correlation.
Therefore, it is nonsense to look at just one single chart and say, “up!” or “down!”
Icompletely ignore indicators and fundamentalshowever,
I look at charts from many angles accordingly.
I wrote about the Correlation view of Bollinger Bands in “Deconstruction of the Bollinger Bands,” and I realized there are things you can’t learn from a single chart alone, right?
By looking at charts from every angle, many hints are hidden.
Everyone, please try looking at charts with the perspective that many charts are intertwined?
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