May 23 (Fri): [Bollinger Bands] Nikkei 225 vs. GOLD

【This Week's Market Focus Points】

This week's focus is on how the Nikkei 225 will move against the weekly Moving Average (MA) that is pointing downward. If the closing price is held down by the MA, it could signal a continuation of a downtrend.

On the other hand, if it breaks upward and ends the week, there is a possibility that a mid- to long-term uptrend could resume. Also, GOLD and major U.S. indices are each at the MA battle, and clues on the overall direction can be gleaned from correlation. In particular, whether NASDAQ and S&P 500 reverse before reaching the MA, or whether to wait for that, is a key turning point this week.

Overall, it is a time when markets are “building energy,” so watch for movements.

➥The continuation is explained in detail in the members-only report.

If you have not registered yet, please click here ↓ 

● Use the “Deconstruction of the Bollinger Bands” to analyze daily charts

https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside

● Use the “Harmony Prescription” to draw the “Zones where charts should stop”Zone! https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

(※The following is for members only.)