June 9th (Mon): [Bollinger Bands] Nikkei 225 vs. Russell 2000
This time
we compare against the “canary in the coal mine” often cited in a bear market
“Russell2000”
with it.
[Overall Scenario Probability]
This week's overall market is…
“Rise: 50% ／ Fall: 50%”
Note the breakout above the blue zone and the continuation of sideways movement
Presented as a reference level.
【This Week's Market Focus Points】
This week, the four major U.S. indices are breaking above the time-adjusted blue zone, and we are watching whether the band width begins to widen from a resting state. Meanwhile, the Nikkei 225, while trading sideways on a daily chart level, will be a major focal point to see which direction the expansion will take. The Russell 2000 continues to lose its role as a canary in the coal mine and now shows room for upside. There are signs of a rebound in USD/JPY, U.S. Treasury yields, and Bitcoin, and overall, a risk-on mood may prevail, so this is a moment to watch closely.
➥The full explanation is provided in a members-only report.
If you are not registered yet, please click here ↓
● Use “Deconstruction of the 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 a Zone where the chart should stopZone— try drawing it!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(Note: The following is for members only.)
