Jones industrial average on November 8th finished at $ 73,832.74, which was $ 73.14(0.4%) higher than that on the previous day. Investors were buying into bullish, because they judged that Hillary might win in the American presidential election. However, as already reported, Trump won in the American presidential election. Pay attention whether Jones industrial average will stop lowering at $ 17,800 even in Trump shock.
【Trump Beats Clinton in Stunning Upset of Establishment】
By Trump shock, the Nikkei Stock Average has sharply fallen.
The Nikkei Stock Average on November 9th finished at 16,551.55 yen, which was 919.84 yen(5.4%) lower than that on the previous day. The cause of the decline of the Nikkei Stock Average was “Trump shock”. Most investors judged Clinton to be superior in the American presidential election and took a buying position. However, as the vote progressed and Trump ‘s superiority began to be reported, selling following selling had begun.
The buying and selling price was 3.920 trillion yen. It is considered that the investors who judged Clinton to be superior were selling at a stretch. It can be said that Today’s decline is very strong.
By Trump shock, the Nikkei Stock Average has entered a declining trend.
In charts, the decline in the Nikkei Stock Average is so strong. Below are the signs of declines of the Nikkei Stock Average.
○ Signs of declines of the Nikkei Stock Average
・In the daily chart, the 5-day moving average line and the 25-day moving average line become dead-crossed.
・In the daily chart, the 75-day moving averaging line and the 200-day moving average line did not function as a resistance line.
・In the weekly chart, the 13-week moving average line, the 26-week moving average line, and the 52-week moving average line did not function as a resistance line.
If the conversion line and the reference line in the Ichimoku Kinko Hyo are dead-crossed tomorrow, “Sanyakugyakuten”(the third role reversal), which is a sign of a strong stock price decline, will be formed.
Although we can expect some rebound, basically I think that the probability that the Nikkei Stock Average has entered a declining trend is so high.
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.