If you have been reading this blog for the last 2-3 weeks, you would notice that every piece of news that came out was mostly positive or bullish about the market and its items. But this week's events thus far, especially Wednesday's market activity have brought me thinking hard. Is this time to get out? Is this volatility what my risk management tells me that I cannot stomach? Is this walking the tight rope and trying gambling instead of trading in clear trends?
So, I took out ChartNexus and looked properly and indepth-ly into the Dow Jones weekly chart for a better signal of what is to come. Of course, I do not think I am the first to discover a bearish divergence on the MACD that has occured for the last 2 weeks, and soon 3. This is not too healthy coupled with a indecisive candlestick and probably after ...
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