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Futures Information Magazine Ito-Ryu Elliott Count Investment Navi+
Futures Information Magazine Ito-Ryu Elliott Count
株式会社プラザ投資顧問室
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The market moves on supply and demand. Even if many stocks benefit from a weaker yen, when foreign investors drive selling with futures, even stocks that should rise do not rise. The chart always represents the final result of supply and demand. Even if you push down with force, if the selling costs exceed it by a large margin, it can result in a squeeze. In CNBC Japan News Commentary, I worked in a segment that reads charts for three years. I found a rule where waves turn in Elliott Wave. One declining wave turns upward with two reverse steps up, three degrees, and one rising wave turns downward with two reverse steps down, three degrees. It is a simple basic rule. It is a monthly chart rule, but by combining it with weekly and daily charts, you can spot the turn early. The wave turning rules were published during the Russia crisis 30 years ago. I devoted myself to creating new rules for target prices upper and lower. I established a technique called convergence points. When the convergence point that should be taken lower exists only at positions that are too far apart, the market begins to rise. When there are no convergence points to take higher, the market begins to fall. Just having a target value called a convergence point allows you to construct a clear objective. I post a YouTube forecast about once a week. My Elliott count, which is my newsletter, provides detailed explanations daily.
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All 262 Articles
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