World Indices

Commodities

Looking for sign for the end of Capitulation

As we can see , Capitulation is happening to worldwide market due to the downgrade of US AAA rating to AA+. Beside this , there is also the euro zone crisis going on. It seems like the credit crisis in 2008 had lead to a Sovereign credit crisis.

The mood definitely bearish at the moment. So...does it mean that we should not invest at all ??
 In my opinion , we should never stop investing due to inflation that make our money "depreciate" over the years. Timing at this type of situation is very important.

 So , i had done a simple TA using fibo retracement on a weekly chart, which marked the potential support.I will suggest buying in batches @2693 , then @2394.If a cross over of the stochastic happened , i will show hand.



Good luck to all Investors ! cheers

No comments: