Day Trading Stocks & Futures

travi

Well-Known Member
Such strong momentum does not reverse right away. It would weaken first . So a weak or two of sideways is likely to happen before correction , i feel.
Imo, this is high volatility year from the start so all reactions are of same kind, both up and down.

Mkt will not think for 2 weeks to tank 1K points on NS, it can do it in a couple of days. Same type of V shape recoveries too.
By now ppl should've made 25-35% minimum if properly done though March-April, so no harm in booking some and remain light through the volatility rather than thinking of going all in right now.
 
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