Bounce is underway as expected, however its sustainability remains to be seen. BUT what matters is how are we using this time to position ourselves for the next BIG MOVE. What techniques shall we use to remain ahead of the game?
Market came very close to our initial target area of 7200, let's just say we got lucky, eh! OR was it pure technique? By now, you should be able to understand, how we were able to forecast this move months ahead of time. Now comes the fun part, how to know when bottom is in!!! BUT wait until then what should we do? Let's prepare ourselves...
Market finally broke the support near 7500 area which we were expecting for many months now. BUT how far down will this market go? How do we know when it will turn around? What should we look for!!! Can answer these questions on your own?
For many months, we have been mentioning about panic drop. It appears that the stage is setting up for such a drop but what will be the magnitude and timeline for such a scenario? How do we prepare ourselves!!!
Many of you might be wondering about the heading title, Isn't it!!! From where do we get this idea of turn around? Market continues to show no signs of life yet and then we see above heading. Well you should know where to look for early signs...
Just like all of you, hard working and trying to make a better living.