S&P500 saw a big decline last week. I made a video presentation of how Nifty weathered that storm last week and what one should look out for
Here's the the good news as of now:
1. S&P500 on Friday first declined to 200 dma as discussed in the video presentation and then bounced back with intensity. It does give an impression that a short-term bottom has been made for now
2. Nifty survived this entire chaos without much damage for now
State of the Market Premium Presentation - Opportunity Screen
This is for State of the Market Premium Readers. The presentation is behind paywall.
Science of Stock Price Action
The Business of Investing is not same as Investing in business. Price Action is one of the best ways to make good investment decisions. That's what I teach all the time.
If you find Price Action fascinating - then Science of Stock Price is a good place to start. It's a website designed to help you learn various Price Action concepts.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers