June 23 (Mon): [Bollinger Bands] Nikkei 225 vs. Russell 2000
This time
we will compare in a bear market the so-called “canary in the coal mine”
“Russell2000”
with it.
【Overall scenario probability】
This week's overall market is…
“Rise: 45% / Fall: 55%”
※ In the short term, downward pressure is strong, but there is room for time adjustment
※ Provided as a reference level.
【This week's market focal points】
This week's focus is on the Russell2000's movements and the point where the Nikkei 225 stops falling. In particular, the Russell2000 is considered the “canary in the coal mine” and a leading indicator for the overall market. On monthly and weekly charts, there is room for upside, but in the 4-hour chart, a synthetic Pin-bar appears, signaling short-term downwards caution.
Also, the Nikkei 225 on the daily chart is in a squeeze back, reversing down from +2σ. Whether there is a rebound at an upward-moving average is a key point.
With US 10-year Treasury yields and the USD/JPY moving in【inverse correlation】, and considering geopolitical risk as a possibility, it is important to observe “signs” across each time frame without missing them.
➥The continuation is explained in detail in a members-only report.
If you are not registered yet, please go here ↓
● Use “The Unraveled Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “The Harmonic Prescription” to draw a “Zone” where the chart should stopzoneand see how it works!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※The following is limited to members only.)