Everyday Nikkei 225: 2024/4/19 Friday
One-word Comment
“Bearish advantage”
Daily:MAX Oscillator: Sync Band,“Strong Downtrend”
4-hour:“Strong Downtrend”
Lower bound of the range: breaking below around 38,225 and continuing to fall
※ Daily MAX Oscillatorentered the reversal warning zonebut the 4-hour is in a state where it tends to go down, making it hard to rise
From the weekly view, it’s unlikely to form an immediate uptrend, butthere is volatility, so short-term rebound buying is possible.
However, fundamentally, it is prudent to maintain a downside bias.
A rough target isaround 37,000 ⇒ 37,250From there, a possible brief corrective rise may begin.
Notes
This is the current analysis commentary based on the original indicators,and does not constitute buy/sell recommendations or guarantee future movements.
Analysis Tool Details Link
■ MAX Oscillator - MT4/5 version
https://www.gogojungle.co.jp/tools/indicators/50340
■ The Trading View version
https://www.gogojungle.co.jp/tools/ebooks/50353
■ Ultimate Sync Band
https://www.gogojungle.co.jp/tools/indicators/42606
■ A monthly subscription packs including the above indicators,
“天下無雙” Sync System
Trading View version · Ultimate Sync System