As of now, most of our readers should have their ducks in the row to get on this BULL train. No excuses this time if you miss the train, please read our previous blog post for details. So are you ready for the ride?
Market is behaving similar to identical times in history, the way we expected. How far do we think this pullback will go? Will this be the right time to get in the market? Is this BULL market here to stay!!! Let's check few charts...
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...
Although market has remained range bound for past couple weeks, we might get to see some action in near term. But based on what? Lets take a look at charts which might provide some clues...
Market bounced but the rally got capped at the gap resistance as expected. What will happen next? What is most likely scenario for weeks/months ahead? How can we be prepared for it?
Without any doubt, market is currently in correction mode. BUT was market able to find support? Will this end the correction!!!
Market continues to display expected behavior, how so? After hitting TOP end of the bullish channel, market now appears to be in its journey towards bottom end of the channel. So how does that affect us!!!
After reaching the upper end of the bullish channel, Market starts its retreat for 6 consecutive days. This should not come as a surprise to readers of this blog. Does this mean that market will visit lower end of the Channel in coming weeks ahead?
Market managed to bounce back hard and currently at NEW HIGH. It appears like market is cruising higher month after month BUT what you gonna do?
Market appears to have found the support after dancing around MA(50) for couple of weeks. But how long can this market continue to remain range bound!!!
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