Day Trading Stocks & Futures

vikas2131

Well-Known Member
Perfect Storm

What Happened In 2002-04 & What Is Happening in 2020? Is There Any Hint For #Equities?

1. Dollar Index DXY

In Dec 2002, DXY Broke Multiyear Support Line & Went Into Longterm Downtrend, Shifting Flows to Emerging Markets over next 5-10 yrs

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2. India 10 Yr Yields

Hitting multiyear lows in 2020 - Like in 2003/2009

Beneficial for interest rate sensitive industry demand

Autos/Realestate/ConsumerDurables




3. Gold

Started Long Term uptrend in 2003, Like in 2020

Basically reflecting Currency Debasing , which inevitable causes Hard Asset Price Inflation





4. Crude

After hitting decade lows in 1999 & 2002, Started long term uptrend

In 2020 just bouncing back from Decade lows



5. Metals - Copper

After multiyear consolidation, broke out in 2003, Just like it's attempting in 2020



Too Many Coincidences..Ehh?

A perfect Storm Is Brewing Up For Equities, Despite huge disconnect from between Ground Level Economy & Stock Market, Which has foxed me too in this Rally

Fingers Crossed for 2021 !!
 

Raj232

Well-Known Member
Perfect Storm

What Happened In 2002-04 & What Is Happening in 2020? Is There Any Hint For #Equities?

1. Dollar Index DXY

In Dec 2002, DXY Broke Multiyear Support Line & Went Into Longterm Downtrend, Shifting Flows to Emerging Markets over next 5-10 yrs

Too Many Coincidences..Ehh?

A perfect Storm Is Brewing Up For Equities, Despite huge disconnect from between Ground Level Economy & Stock Market, Which has foxed me too in this Rally

Fingers Crossed for 2021 !!
1. Dollar Index DXY
In Dec 2002, DXY Broke Multiyear Support Line & Went Into Longterm Downtrend, Shifting Flows to Emerging Markets over next 5-10 yrs

So if perfect storm is brewing for equties, DXY will support Indian equities..:up:
 

Raj232

Well-Known Member
:D:D possibly, but on a serious note though, i still feel the journey towards 11200 is possible for nifty this week. whether today? i dont know . today may probably end up as a premium eating day.
Its trying to move to 11200 but there are some vested interests who are keeping it up... only once the required option premium comes off.. then they can take it to 11200.
 

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