Last week we suggested that the major indices could be due for a pause after a massive run in November.
So far we’ve seen the large-cap indices churn sideways, but the mid and small-cap indices pushed to new recovery highs.
Today those mixed signals continue. Not just in India, but around the globe.
Let’s take a look at what we’re seeing and how we’re approaching it.
We’ve got another new set of Monthly Candlesticks and we’re sharing a few of the best ones ahead of our Members-Only Monthly Strategy Session on Thursday.
Let’s take a look at what the longer-term trends are saying.
This week we’re looking at a long setup in the Consumer Goods space.
After a massive run in the Nifty Major Indices over the last three weeks, Wednesday we got our first sign of waning enthusiasm and a key inflection point to trade against. [Read more…]
Commodities have been an area of opportunity on the long side for months, but today we’re taking a look at a few that are at important inflection points. [Read more…]
This week we’re looking at a long setup in the Chemicals space.