Well only yesterday I posted about the strength of the 6150 support, but it lived only for the day. Today's close at 6134 was a loss of almost 30 points in a single day. Giving way for a slow downward slope, which is heartening. This tested the RSI trend line of higher lows. The heavy weights such as JKH did not support to keep the momentum towards the bulls, as such drained the market to the down. A psychological support at 6100 needs to be held, else the next major support area will be around 6020 points.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
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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 ...
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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,...
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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...
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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...
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