July 14 (Mon): 【Harmonic】 Nikkei 225 VS Russell 2000
This time
we will compare with the so-called “canary in the coal mine” that leads a downtrend
“Russell2000”
with the broader market.
【Overall Scenario Probability】
This week's overall market is…
“Rise: 35% / Fall: 65%”
※ Pay attention to the decline implication of Russell2000.
※ Provided as a reference level.
【This Week's Market Highlights】
This week's focus is that both the Nikkei 225 and Russell2000 are increasingly favoring a downtrend scenario. In particular, since Russell2000 is considered a leading indicator for the overall market as a “canary in the coal mine,” if the 〖1-hour chart〗’s 【Shark】 forms and descends to the PRZ, it could spill over to other markets. The Nikkei 225 is also in the middle of a【Deep Crab】 scenario on the 〖4-hour chart〗, drawing a wave N and aiming for the First-Target-Zone, drawing attention to what will happen next.
This is likely to be an important week to explore short-to-medium-term reversal points using harmonic analysis as the core tool.
➥For more details, see the members-only report.
If you are not yet registered, please click here ↓
● Use “The Unveiled Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmony Prescriptions” to draw a “Zone where charts should stop”Zoneand see how it looks!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(Note: The following is for members only.)