Market has managed to move in a very narrow range in last 3 weeks and yet remain very close to recent HIGHs. What is it telling us? Can we find subtle clues!!! Is this the right time to enter?
This weekends post will be delayed, thanks for your patience.
So far market has managed to stay near HIGHs and a slight pullback is underway. What can we expect for this market and where is this market headed!!! Key question should be, where can we find low risk entry?
After a strong move in May, market appears to be taking it a bit slow yet remaining near HIGHs. The key question remains, Can this move higher is sustainable for months to come! When is the right time (low risk entry) to get in?
As expected, market momentum continued and anybody waiting for a meaningful pullback was left behind. Dilemma of should I get in now? and pain to watch this market go higher without me, adds to frustration, Isn't it! What should we do if we missed the rally so far? Should I just jump in this market!!!
Just like all of you, hard working and trying to make a better living.