May 19 (Mon): [Bollinger Bands] Nikkei 225 VS Russell 2000
This time
we will compare the so-called “canary in the coal mine” that leads a downtrend
『Russell2000』
with it.
【Overall Scenario Probability】
This week's overall market is…
【This Week's Market Focus Points】
This week, both the Nikkei 225 and Russell2000 have reached technical turning points, making it a crucial moment to gauge future direction. Of particular note is the battle with the downward moving MA on the weekly chart for the Nikkei 225. Whether the price closes above it will determine whether the trend continues or reverses.
Additionally, the Russell2000 has undergone a period of sideways zoning on the daily chart —【time adjustment】 (blue Zone) — and may be storing energy for a rise.
Through the【correlation】 between US Treasury yields and the USD/JPY, the overall market “flow of funds” should not be overlooked. From these multiple perspectives, the analysis will make next week's moves clearer.
For more details, see the paid section.
➥The continuation is explained in detail in the members-only report.
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● Analyze daily charts using “A New Manual for Bollinger Bands”
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescription” to draw a Zone where the chart should stopZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(Note: The following sections are for members only.)