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Archive for October, 2018

Posted by Martin October 28, 2018

Another beautiful selloff which didn’t fail

In my last post I wrote about my bullish view expecting the sell off to finally end and the market working on a reversal. The reason for it was a nice and expected bullish candle formed at the bottom of the expected range. It didn’t last long and we saw additional over 3% selloff. The Continue reading →

Posted by Martin October 23, 2018

Another beautiful selloff which failed

Today, the market showed a spectacular rally and recovery from lows. The futures sank by 1.40% and after the market opened we went even lower and undertaken the previous lows of 2711 level (losing over 2% at 2691 level resetting my correction tracker). But then a spectacular rally happened.     As mentioned in a Continue reading →

Posted by Martin October 14, 2018

Correction not bear market

It is funny watching people panicking about last week market decline. Many panic and predict bear market. Many are guessing what happens next. Some are drawing their charts drawing lines of the next decline and claiming historicity of their claim.     Claiming historical evidence and predicting the drop all the way down to 2275 Continue reading →

Posted by Martin October 11, 2018

Gut wrenching volatility

A volatility in the stock markets is normal. It is a part of it. When looking in the rear mirror and see all those drops we think: “it is all OK and normal.” But experiencing such volatility in real time is painful and… gut wrenching. Many people can’t take the pain. I must admit, I Continue reading →