July 28 (Mon): [Harmonic] Nikkei 225 vs Russell 2000
【Notice】
I will be returning to my in-laws from 7/23 to 8/11 and will be at my son's baseball camp.
On weekdays, my regular newsletter will continue as before, but please understand that responses via email may take some time. m(_ _"m)
This time
I will compare with the bear market’s early warning sign called “the canary in the coal mine”
『Russell2000』
.
【Overall Scenario Probability】
This week's overall market is…
“Increase: 45% ／ Decrease: 55%”
※ Slightly bearish for U.S. indices, beware of declines
※ Provided for reference level.
【This Week’s Market Focus Points】
This week, watch the movement of the Russell2000 closely. On the weekly chart, there is a possibility of an upside Shark, but the waveform distortion is a concern. On the hourly chart, a Gartley upside is drawn, and from there an initial rise followed by a reversal and drop is expected. On the daily chart, a Deep Crab downside is looming, and if it materializes, it could lead to a mid- to long-term downtrend scenario.
Meanwhile, the Nikkei 225 does not show a clear harmonic pattern, leaving the direction unclear. Overall, along with movements in major markets, whether the patterns on various timeframes of the Russell2000 form or not will likely be the key to this week's market.
➥The rest is explained in detail in the members-only report.
If you have not registered yet, please click here ↓
● Use “The Deconstruction 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 Zone where the chart should stopZone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（※From here on, it is for members only.）
