June 23 (Mon): [Harmonic] Nikkei 225 vs. Russell 2000
This time
we compare in a falling 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%”
※ With many distorted waves, the downward scenario is somewhat dominant.
※ Presented as a reference level.
[This Week's Market Watch Points]
This week, the focus will be on whether the harmonics between the Nikkei 225 and Russell 2000 can be established. In particular, on the 4-hour chart, both assets have a possibility of rising toward the PRZ, and it is notable how far the subsequent decline will reach.
On the other hand, if the Nikkei 225’s 1-hour chart forms, the correlation will become inverse, and one of the patterns may break. Can the positive correlation be maintained? Or will the pattern collapse come first? This week's discernment is important.
➥The continuation is explained in detail in the members-only report.
If you are not registered yet, please go here ↓
● Use “Dissecting the Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescriptions” to draw the Zone where the chart should stopZoneand see how it behaves!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（*The following is limited to members.)
