Stock Talk Kabushiru (Kabushiru?) May 18 225 Futures / Technical Point【Even the entry to a big bull market looks like a phase needing a pullback when viewed from the 5-day MA】

225 Futures / Technical Points · Investment Stance

Very short term · Short term (futures) · The weekly outlook for this week is discussed from a mid- to long-term perspective.
※ 225 Futures · Technicals and Oscillators (1–3)

1. Short-selling ratio 40.3% ⇧ (16th 39.6% 15th 40.1% 12th 40.6% 11th 42.0% 10th 40.6%)

2. Tick value ratio (6-day average) 93.32 ⇩ / Neutral; Tick value ratio (25-day average)143.31 ⇩ / (extremely) overheated

Guideline: Oversold (low activity) 70 or below; Neutral 70–120; Overbought (overheated) 120 or above

3. RCI (9,14) 93 ⇧ ・ 91 ⇧Buy Signal　MACD 793 ⇧ / Signal 562 ⇧ (Buy signal +231 ⇧)

One word: Any hint of positivity would be a positive surprise; will the ripple effect of buying last until the debt ceiling issue is resolved?

Guideline 1: If RCI 9 exceeds 14, buy; MACD: MACD > Signal / buy; MACD < Signal / sell

Guideline 2: When interpretations of RCI and MACD differ, give more weight to MACD. RCI emphasizes near-term elements.

Week of May 15, May 18 (Intraday) Nikkei 225 futures, key levels and technical points

Red text marks resistance levels (blue text marks support levels)

Today’s (intraday) predicted range and futures figures (to be continued below)