August 4th (Mon): [Bollinger Bands] Nikkei 225 VS Russell 2000
【Notice】
From 7/23 to 8/11 I will be returning to my in-law's house and attending my son's baseball training camp.
On weekdays, newsletters will continue as before, but please understand that replies to emails and other communications may take some time. m(_ _)\"m
This time
I will compare the declining market with what is called the “canary in the coal mine”
『Russell2000』
with the overall market.
【Overall Scenario Probability】
This week's overall market is…
「Rise: 45% ／ Fall: 55%」
※ Whether it will fall below the major moving averages will be the turning point.
※ Presented as a reference level.
【This Week's Market Focus Points】
This week's focus is whether the Nikkei 225 and Russell 2000 can rebound supported by the major moving averages, or whether they break down and move into a broader downward phase.
In particular, the Russell2000 is considered a “canary in the coal mine,” and tends to move ahead of the overall market, so close attention is required to its movements.
Also, Bitcoin and the NY Dow have broken through the “time adjustment” (blue zone), and the downward bias is strengthening. Conversely, GOLD has rebounded from the daily -2σ and is now moving toward +2σ. Since it has an inverse correlation with stocks, if GOLD's movement continues, it could put downward pressure on the stock market.
This week will be a week to carefully identify signs of trend reversals while paying attention to the correlations among multiple stocks.
➥The rest is explained in detail in the members-only report.
If you have not registered yet, please go here ↓
● Use “The Disassembly 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 a Zone where “charts should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（*The following is for members only.）
