I will not cover the candlestick today, the 5th.
It broke 34,000 yen at 9:17 and reached 33,560! The crash market shows no signs of stopping.
I will post the Nikkei VI today.
It's a situation where charting is no longer relevant. The Nikkei VI value is 46.23, approaching 50 in the face of Corona.

Where is the ideal society?
Utopia, surely someone's dystopia.
The wealthy class promotes social inequality.
Investors tolerate social inequality.
The common people resist social inequality.
The impoverished class resigns to social inequality.
Dystopia, this is also someone's utopia.

Many people, including myself,seem to have the perception that 'if the yen weakens, the Nikkei average will rise', 'at least it won't go down', 'export-oriented large-cap stocks will rise'.However, this is not necessarily the case.
Here, too,a change in mindset is necessary.Let's confirm this while looking at the chart.
This is a chart of the correlation coefficient between Nikkei futures and USD/JPY.
The correlation coefficient, as the name suggests.represents the correlation state between the two.1.0 is MAX for perfect correlation at 1.0. -1.0 indicates perfect inverse correlation, and 0 indicates no correlation.It will be.
Perfect correlation means that if A goes up, B will also go up, or if A goes down, B will go down as well.
Whether the stock price goes up or down, if both move in the same direction, the correlation coefficient will be positive, so it's easy to get confused when the stock price is falling.
On the other hand, when the correlation coefficient is negative, it's called inverse correlation, which means that if A goes up, B goes down, and if A goes down, B goes up... so they move in completely opposite directions.
And 0 (zero): the yellow dotted line represents "no correlation", which is a bit confusing in terms of visualization.
This is a table which shows that there is no correlation between the movements of A and B, as the name suggests...

There seems to be signs of adjustment.
Go to sleep.

Today, the 17th, is a sharp decline market.
The break point of 38,300 has been quickly broken downward.
As we can clearly see that a rapid decline could occur if it breaks below 38,000, it is advisable to be cautious with long positions. If it breaks below 38,000, buying may return, so we need to see if that movement can continue.
Since the demand and supply have not improved and have not been able to exceed the previous high, it is expected that selling pressure will emerge even if there is a slight rebound from here. Please be careful with selling PUT options.

Unhappiness, poverty, and poor health
You are always creating
That's why
You can stop creating
You can create and let go.

I will be speaking at a free YouTube seminar on June 15th (Saturday) from 7pm.
At the seminar organized by Sakura Invest, I will be explaining chart tactics for beginners.
This is a chart that has not been introduced anywhere, but anyone can easily create it on TradingView. It is a tactic that produces the same output no matter who does it, and it is easy to do.
Moreover, I will introduce tactics for individual stocks/futures and tactics for Nikkei 225 options using the same chart. It's like getting two benefits from one chart.
If you participate on the day of the seminar, we will provide you with seminar materials consisting of 50 pages. This will allow you to create charts at your own pace after the seminar, while watching the archived videos. And it also comes with 3 years of backtesting data, which supports the effectiveness of the tactics.
If you want to know winning chart tactics using TradingView, please join us!
You still have time to apply, so please check the following URL.
【6/15 19:00 Free Seminar】
Winning with TradingView! Practical candlestick charting...

Today's 4th is a Fibonacci fan who also used it in the video.
This is a story about when viewed as “still” the upper price devaluation from the 3/22 high price...
It's a transition between +38.2% and +50%, but the upper price is still heavy. Although the ISM manufacturing industry was pretty bad in NY last night, stock prices remained flat. However, Japanese stocks are now in the value phase, so they are moving close to the NY Dow.
After all, I feel that 38500-39000 will move +38.2% and +50% this week. So it's not good to divide it by the +38.2% level.