August 25 (Mon): [Bollinger Bands] Nikkei 225 vs Russell 2000
This time
We compare with the “canary in the coal mine” of a bear market
“Russell2000”
as a reference.
【Overall Scenario Probability】
This week's overall market is…
“Up: 55% ／ Down: 45%”
※ Short-term is upward while mid-term warns of a decline
※ Presented as a reference level.
【This Week's Market Watch Points】
This week's market is at a critical juncture to gauge the direction.
The Russell2000, known as the canary in the coal mine, surged sharply at the close last week and continues to show an 【expansion】 through the weekly chart, while there is a short-term possibility of a downward divergence and accompanying risk of a reversion. The Nikkei 225 shows signs of stabilizing after a decline, albeit somewhat imperfectly, and a potential rebound scenario emerges from its correlation with the Russell2000.
Additionally, GOLD is showing signs of moving in an inverse correlation, making its linkage with the stock market even more notable. In the paid section, we organize the time-frame scenarios for each stock and present the probabilities of rise and fall.
➥The continuation is explained in more detail in the members-only report.
If you are not yet registered, please click here ↓
● Use “Exploded Guide to Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “Harmonic Prescription” to draw a Zone where the chart should stop, with the statement that “the chart stops at the point it should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（※The following is for members only.）
