Retracement of the ASI broke down through my previous support levels, without any evidence of a reversal. The highlighted range in the chart below, between 5963 and 5912 is where the support needs to halt the fall. Heavy volumes and turnover persisted today as well. But that is not the case with traders, who will need to watch the turn with restrain.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
Wednesday, November 7, 2018
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