Candlestick Chart to Watch on 11/6

Today on the 6th, it's the WMA Fibonacci Bands.

Last night, the ISM non-manufacturing sector was stronger than expected, leading to a strong development in the NY3 indices. However, the expectations of a rate cut after December are naturally declining, and caution is becoming necessary after the presidential election is over.

In the short term, Japanese stocks were ultimately pushed back towards the middle line (red). Continuously swayed by the presidential election, the focus will now be on which direction the yellow lines will break.

Despite the Nikkei VI exceeding 31 and the IV continuing to be abnormal, the price movement is stagnant while the HV is contracting. Please be cautious of large price movements as energy is accumulating.