7/9 Featured Charts

Today's daily chart for “NT ratio futures” starts at a slight angle.

After 7/3, the rapid NT long, that is, the Nikkei Average is stronger than TOPIX.

Yesterday, I wrote that the overall semiconductor chart is actually strong, and the actual situation is slightly different from recent images and images with strong value, but today that trend has become even stronger.

This is due to the fact that the semiconductor sector was strong with SOX +1.93% and NVDA +1.88% in NY last night, but today Japanese semiconductors are also moving at +1.2% or more, which is solid.

Therefore, the Nikkei Average is strong, and it is a stronger movement than the TOPIX type centered on banking and finance.

Since the NT ratio has surpassed that neckline in an inverted triple shape, there is a possibility that the Nikkei Average will solidify by lowering the price of 41000 yen. That said, this week is SQ week. There is also a mechanism that guides futures upward with Fast Tri or SBG in anticipation of settlement, so it is also necessary to discount slightly.

In any case, if the NT ratio rises in the form of a long (increase), it means that the energy is strong.

There is no problem with buying and holding individual stocks or long futures, but I think it is necessary to be careful because futures shorts, W inverse buybacks, call sales, etc. can cause major burns.