June 16th (Mon): [Bollinger Bands] Nikkei 225 vs Russell 2000
This time
we compare with the "Canary in the coal mine" that leads a falling market
“Russell2000”
as a comparison.
[Overall Scenario Probability]
This week's overall market is…
“Up: 45% ／ Down: 55%”
Note: Movements that reverse from +2σ have been observed in several places.
Note: Presented as a reference level.
[This Week's Market Focus Points]
The Nikkei 225 and major U.S. indices (Dow Jones, NASDAQ, etc.) all show reversals and declines from Bollinger Band +2σ, and attention is on whether the market will cool off from its overheating and enter a corrective phase.
In particular, for the Nikkei 225, a lower shadow Pin-bar appears supported by rising moving averages, creating a scene to determine whether this is a temporary rise or further decline.
Also, there are weak signals in the Russell2000, considered a risk-on index, drawing attention as a leading indicator for the overall market.
This week is at a critical turning point of whether it will be supported or collapse.
➥The continuation is explained in detail in the members-only report.
If you are not registered yet, please go here ↓
● Use "The Unraveling 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 the "chart should stop at the stopping point" ZoneZone— try it!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（Note: The following is limited to members only.）
