July 7 (Mon): [Bollinger Bands] Nikkei 225 vs Russell 2000
This time
we compare the declining market to what is known as the “canary in the coal mine.”
“Russell2000”
comparison.
[Overall Scenario Probability]
This week's overall market is…
“Rise: 45% ／ Fall: 55%”
※ There are signs of a reversal with a harami candlestick pattern
※ Presented as a reference level.
[This Week's Market Focus Points]
What to watch this week is the movement of the Russell2000 as a “leading signal.” Currently there are no signs of a sharp drop, but bearish signs such as a dark cloud cover and reversals near +2σ are visible. Even major U.S. indices show harami patterns, indicating a reversal signal.
Additionally, the U.S. 10-year Treasury yield is being held down by a downward-moving MA, and Bitcoin is also reversing downward from +2σ. On Monday, we scenario for a start of decline, but whether a bullish candle appears while wrapping the harami pattern will be the key to continuing the next wave. Pay close attention to the balance changes in the overall market.
➥The rest is explained in more detail in the members-only report.
If you are not registered yet, please click here ↓
● Let’s analyze daily charts using “Deconstruction of the Bollinger Bands.”
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “The Prescription of Harmonics” to draw a “Chart should stop at a point where it should stop” ZoneZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(Note: The following is limited to members.)
