The US-Japan B-wave rebound ends, and the C-wave starts to decli
The U.S. and Japan closed on the upper shadow line in the monthly level - OB area for 2 consecutive weeks. This week, the big negative line broke below again, forming a bearish top. From a wave perspective, it is the end of the B wave rebound. Looking at the K-line, the weekly chart has double bearish signals. A rebound early next week is a short-selling opportunity
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.