Monday, February 22, 2010

Current Market Outlook

Gratitude to The Almighty for His Blessings of Knowledge and ability to share.

Markets are at very important time and price juncture, thus vulnerable and ready for change in trend. Although, I am very much inclined to the bearish side, as Financial Markets are weak. However, one ought to be prepared for an unexpected move. Nevertheless, any delay in start of the lower prices, only increases the likelihood of greater volatility and even stronger and faster move down later.

3 comments:

J. Powell said...

Looks like markets are going down!!.

Good call.

Quality Stocks said...

Syed,
I hope that you doing well.
Because the markets are stalling up and down today does this increase the odds that a sell off is coming?
Thanks Syed
Reed

Harmony Teacher said...

Thanks.. Reed!

I am always doing better every day.

Yes to your answer. As I said in my post, markets are at very important time and price juncture. So, I have also indicated in the charts.