I commence with my gratitude to The All-Knower
Market is taking in the last gulp of air, before it dies down. Market is heading for very serious correction.
Financial Sector, XLF is taking last breath before it tumbles again. So will the market!
It has come down and below all support levels, that could have kept a blip of hope alive. The last time, it traded below these support levels was after correction which continued after May 6 Flash Crash and in 2008 and before March 2009, when market finally bottomed. Now market is not bottoming, rather market is pulling back after putting in all time high since 2007, rather some indices have eclipsed their 2007 bull market highs. Therefore, all evidence point in support of my bearish view of the market.
http://trade-in-harmony.blogspot.com/
Mr Syed, does it apply to the worldwide markets? or only to USA?
Now all markets are inter-connected..
The answer is YES!
Thanks Mr Syed! Your forecasts' accurancy are always unbeatable by others!
I will sell off the stocks and activate bearish actions, thanks!
Welcome