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On 3/14, it is the 25MA deviation ratio in futures.
Indeed, the resistance is strong. It looks like it's being hit at the 25MA.
And as we've been talking about all week, the 25MA deviation ratio has fallen below -2σ in both futures and spot markets. Whether it will 'rise' back up once it turns upwards and returns within the bands is uncertain, but the chances of 'falling to a halt' are higher.
Of course, there can be a false breakout once.
Once the 25MA is breached, it is important to check the relationship with the -2σ deviation rate as to how far it may go down.
Indeed, the resistance is strong. It looks like it's being hit at the 25MA.
And as we've been talking about all week, the 25MA deviation ratio has fallen below -2σ in both futures and spot markets. Whether it will 'rise' back up once it turns upwards and returns within the bands is uncertain, but the chances of 'falling to a halt' are higher.
Of course, there can be a false breakout once.
Once the 25MA is breached, it is important to check the relationship with the -2σ deviation rate as to how far it may go down.
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I was considering buying more Toyota shares, but it seems to be at a high level and in a downtrend, so I'm putting it on hold. Nissan is at a low level, but I can't buy it because they are focusing on the EV business.
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