Thursday, 27 February 2014

only two scenarios and nothing more

hello,

The title does not lie. Indeed, it seems to me that these are the only two possible scenarios. Sure immediately noticed that, ultimately, both scenarios predict a continuation of the upward trend in the coming months. 

Regarding the first scenario <chart 1>, in the case that correction consists of three waves should see a strong reflection in the areas of 2412 points or 2380 points.

chart 1. scenario 1, fWIG20 Index H4, 2014-02-27

On the other hand <chart 2>, if the observed shape of the correction was to adopt expanded five, in the worst scenario, it is possible to going down even in the region of 2200 points. It is worth noting at this time observing the behavior of the SP500 Index, I believe that such behavior is unlikely. But it is always worth to remember.

chart 2. scenario 2, fWIG20 Index H4, 2014-02-27

In the event that the market is heavily geared to growth, very difficult to reach even those levels which are closest to the spot price. Therefore, you should watch the market and when you decide that this is already the moment invest.


best regards,
oscarjp

The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects oscarjp-chrimatistikos current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.

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