September 1st (Mon): [Bollinger Bands] Nikkei 225 vs. Russell 2000
This time
we will compare the so-called "canary in the coal mine" in a bear market
“Russell2000”
with it.
【Overall Scenario Probability】
This week's overall market is…
“Rise: 45% ／ Fall: 55%”
※ While a downside is dominant, there is room for a temporary rebound
※ Presented as a reference level.
【This Week's Market Highlights】
What to watch this week is that both the Nikkei 225 and Russell2000 are approaching major “milestones.” The Nikkei 225 is showing a reversal from +3σ on the monthly chart and is being restrained by the +2σ【strong resistance band】, making a downward scenario from a closed state to the moving average above it increasingly plausible.
Meanwhile, the Russell2000, known as the canary in the coal mine for trend declines, is focused on a reversal from +2σ beginning to descend on the monthly chart. With the major U.S. indices and Bitcoin in a downtrend, the USD/JPY and the U.S. 10-year yield show signs of potential reversal, leaving a possibility that the overall market could turn higher temporarily. While the downside scenario remains dominant, be vigilant for short-term rebound.
➥The rest is explained in detail in the members-only report.
If you are not registered yet, please go here ↓
● Use “Deconstructing the Bollinger Bands” to analyze daily charts
https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside
● Use “The Harmonics Prescription” to draw a Zone where “charts should stop at the point where they should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside
（※Below is limited to members。）
