Last week we saw that breaks were applied to this BULL rally. Now will this pullback prove to be a dip and buyers will step in OR will it convert into a choppy road ahead!!! As of now the most likely scenario would be choppy road ahead and eventually fall into a correction as the market appears to be over extended at this point. What shall we do with our long term investments?
It appears like this market has decided to continue climbing higher without a breather. With every passing day, more and more people are getting frustrated who happened to exit this market long back. Pretty much everyone is expecting a pullback but market often does not like to do what everyone expects it to do. Market can continue to rise further until eventually everybody sitting on the sidelines are sucked into it. What shall we do?
Market managed to make yet another HIGH and no signs of weakness so far. This is probably the most hated rally in last 3 years. Many investors are expecting a pullback or correction but market is doing exact opposite. No one wants to miss a rally BUT when is the time to enter!!! What do we do?
Market managed to make a new HIGH last week based on the actions of ECB (European Central Bank reducing interest rate) and also got a boost from employment report which was favorable. But did the higher move take us by surprise!!! NOT exactly, we did mention that there is a potential for market to rise another 1-2%. Market has a tendency to do what most DO NOT expect and in process cause maximum pain. So what shall we expect next!!!
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