August 7 (Thu): 【Harmonic】 Nikkei 225 vs US 10-year Treasury yield
【Notice】
From 7/23 to 8/11 I will be visiting my parents' home and attending my son's baseball camp.
On weekdays, as before, there will be newsletter issues, but please understand that replies via email may take some time.
This time,
we will compare
the so-called "economic thermometer",
with the “U.S. Treasury 10-year yield”.
【Overall Scenario Probability】
This week's overall market is…
“Rising: 45% / Falling: 55%”
※ The U.S. Treasuries are biased to the downside, while the Nikkei shows signs of a short-term rise.
※ Presented as a reference level.
【This Week's Market Focus Points】
This week, while the 10-year U.S. Treasury yield remains Bearish on the weekly chart (Crab) ⇩, the focus is on short-term movements. On the daily chart, there are possibilities of a Deep Crab ⇧ or Butterfly ⇧ reaching the PRZ, so watching whether the decline continues is important. The 4-hour chart also maintains a downward pattern, and whether there will be movement toward the First-Target-Zone on the weekly chart is a key point.
On the other hand, the Nikkei 225, which has a high degree of positive correlation, shows Gartley ⇧ on the 4-hour chart, suggesting a slight rise, but it may be affected if U.S. Treasuries move downward. Since short-term and long-term scenarios are crossing, it is important to wait for a clear directional signal in one of them.
➥The continuation is explained in detail in the members-only report.
If you have not yet registered, please go here ↓
● Use “The Decoding Book of 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 Stop —Zone on the chart!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
(※ Below is restricted to members.)
