June 2 (Mon): [Bollinger Bands] Nikkei 225 vs Russell 2000
This time
we compare the so-called “canary in the coal mine” in a falling market
‘Russell2000’
with it.
【Overall Scenario Probability】
This week's overall market is…
“Rise: 55% ／ Fall: 45%”
* Presented as a参考 level.
【This Week's Market Focus Points】
This week's market carries a sense of turning points. The four major US indices are attempting a breakout from 【time adjustment】 (blue Zone), but they are forming upper shadows and approaching resistance zones, so vigilance for a reversal downward is also necessary.
In particular, whether GOLD, which is considered inversely correlated to stock prices, declines or not could significantly influence the overall direction of the stock market.
The Nikkei 225 and Russell2000 are located near ±2σ or near moving averages; close attention to which direction they break is required. At a time when multiple timeframes show “the quiet before movement,” this is a moment to become sensitive to the correlation and divergence among markets.
➥The continuation is explained in detail in the members-only report.
If you are not yet registered, please click here ↓
● Use “The Demystified Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “The Prescription of Harmonics” to draw the Zone where “charts should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（※The following is for members only.）
