Today, Friday and Monday are slightly critical and volatile days.
The market today may do well but there could be obstacles in the early hours.
As wrote yesterday it could be a huge spike or slide down or just very volatile.
Friday could be an interesting and volatile day to look for good buys.
Going long from this week could prove to be beneficial if you go with the right assets.
If there is no major event happening during the next days Monday onwards markets could lift up vigorously. 7th looked very negative initially but factoring the weekend it could be a great day.
Eur: Euro and few other currencies could turn around between 7th and 8th June.
+ As you can see the market is extremely volatile. But what I see is an up market from next week and unless there is an extreme case nothing could stop that. However this up trend will have a limited duration.
Questions, answers or opinions are welcome.
I moved to http://smartvolume.wordpress.com
-
It was a pain to work with blogspot, yesterday I gave up.
So. here is the link:
http://smartvolume.wordpress.com/
Good luck!
1 year ago
Posts
Hello Reza good morning
ReplyDeleteJust saw your message yesterday.
I will cover TYP and FAZ Friday at intra day low. It is not worthy to go against the market winds.
Next week should result in higher moves.
I will check on REIT sector and will revert later.
As you can see the market is extremely volatile. But what I see is an up market from next week and unless there is an extreme case nothing could stop that. However this up trend will have a limited duration.
ReplyDeleteIf any wants to notice I had clearly twice warned to cover your longs on 2nd June.
ReplyDeleteWell never mind if you are doing swing trade you could hold and wait for a week.
HI, astral, for next week uptrend " will have a limited duration", for days or weeks ? thank you. Alex
ReplyDeleteDear Alex9
ReplyDeleteWhere have you been? Well I meant to say A FEW weeks.
Since my project is to orient the short term traders nobody seems to be interested in knowing long term.
Frankly so many people talking nonsense and unbelievable guesstimates that I feel pity for them.
Hope you take wise decisions.
Astral - great to see you back :)
ReplyDeleteCan you share which sectors you are finding interesting as long plays from next week ?
AS2009
Thank you for your kind guide. to know long term is important for swing trade, hold or buy low and sell high strategy. Hopefully the market will move up to 18th or 19th of June, what do you forsee ?
ReplyDeleteAgain thank you very much for your kind assistance.
Alex
Dear AS2009 and Alex
ReplyDeleteThank you for your comments.
I will get back shortly with a comment or blog post that may answer your query.
Alex you are quite right. If market can sustain upto 18th it would be good.
Last week is extremely volatile. Frankly we only have potentially 2 weeks.