7 days tumble made 384.72 points crumble, leaving all and sundry in a jumble which only a selected few could mumble. Ironically on the 12th of January 2015, exactly 1 year ago, the market started to fall till the 31st of March, during this period the index fell 910 points, an 11.86% drop. 2nd fall started 2 days after the General Elections, on the 19th of August 2015, since then to date the market has come down a precipice by 1003.89 points, or 13.33%. RSI too is 2 points away from the 52 week low of 15.05, which was on the 30.03.2015. At present the RSI is at 17.32. Based on this scenario I believe the market to close above today's close, on the morrow. Let me repeat- Tomorrow's close to be higher than Today's. That doesn't mean...... that all is well.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
Subscribe to:
Post Comments (Atom)
Loss and Gain of the ASI in 2021 vs the Loss in 2022
This ASI chart shows the All time high in 2021 of 9025.82 on the 29th 0f Jan'21 and the fall to the yearly low of 6852.64 on the 19th ...
-
Dr. Michael Burry is the ONE EYED Physician turned Fund Manager, who figured out that the Housing Market in the US is going to fall apart,...
-
ASI closed at 6228. Yesterday it was 6229. ALMOST UNCHANGED. Intra-day it hit a high of 6244, and a low of 6225 points. The close of the day...
-
As a gesture to honour a client Mr. R.T., I post an image shared by him regarding the ASI. The primary reason to do so is that, He is a k...
No comments:
Post a Comment