Market could not sustain the breakout to all time high in Dec 22 and now back in the range. What can we expect next!!!!
Let's see if charts are providing any clues.
Let's see if charts are providing any clues.
Market could not sustain the breakout to all time high in Dec 22 and now back in the range. What can we expect next!!!!
Let's see if charts are providing any clues. Nothing has changed from last time, market remains in downtrend. But for how long will this continue? Is more pain ahead of us? How do we know when real market turnaround is sustainable and not bull trap?
Market is back in the range after making all time high in Nov 2022. In our last blog post we did mention that for any bull rally to be sustainable, we need more stock participation which does not exist as of now. And this one chart tells the story, do you know which 1 it is!!!
Market has been range bound for more than a year and finally broke to all time high in November 2022 but was not able to rally. What's going on!!!! Where is the bull rally? Let's understand the basics....
Market has been quietly consolidating these past two month near resistance trend line. How long before its breakdown or breakout!!! Lets check if charts are providing any clues so we can align our ducks...
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