stocks may be due for downturn this week, page-3

  1. 3,311 Posts.
    I think this months reporting season will again put investors on edge.

    Have a short term target of SPI500 at 900 which is the Oct 10 Close. Then a little downside and range trading from then on. I dont think the lows at start of March will be tested.


    On the positive sides:

    Chinese markets have just today clearly broken through 200 Day EMA.

    Even India is now coming close to 200MA territory now.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.