Markets have been in correction mode from beginning of May. Lets check current NYSE Index chart and see if it provides any clues.
Trade Mutual Funds - Talks about how to trade Mutual Funds if that's our choice of investment vehicle and how/which ETFs to trade depending on market direction
Current Market situation: We all know that the markets have been in correction from past few weeks. By now NYSE Index is almost 8% down in other words so far we have seen 8% correction in the market. However, we have been fortunate to avoid this correction based on guidance from our history teacher.
As of now we all know that markets are in correction. But fortunately our history teacher has been guiding us so that we could avoid any substantial loss.
New updated Funds Ranking file available -
These updates should make things little better....
All files available on the site are updated with new features.
If you have been following this blog and obeying our "history teacher" then you probably did not get caught in the BULL trap situation that happened on May 31. As we can see from the BPNYA chart below, it did make an attempt to go in reverse gear but did not cross EMA(30) (which would have generated Buy signal).
What is NYUD?
What is BPNYA?