If you review the 10 reasons here , it seems plausible that the market MIGHT really crash in 2022.
What's more ? Market expert like this guy, Grantham is chipping in as well !!!!
Now, if you believe on face what he says and starts to unload your stocks, index,etc, you might end up sore months or years later. WHY ?
Let's look at the VIX (Fear factor) Chart on a weekly basis. The peak is between 30 - 38 and the current price sits at 30 once more. Then, look at the SPX500 chart below. The black candles in the index represents the retracement but on a yearly basis, it provides a good opportunity to accumulate rather than selling away.
It it futile to spend time to predict the market directions on a daily, weekly basis . Leave that to the experts who probably get more media attention from it than retail investors like you and me. On the long haul, doing an dollar averaging costing method will yield you in a profitable position than to go in and out of the market.
What's more ? Market expert like this guy, Grantham is chipping in as well !!!!
Now, if you believe on face what he says and starts to unload your stocks, index,etc, you might end up sore months or years later. WHY ?
Let's look at the VIX (Fear factor) Chart on a weekly basis. The peak is between 30 - 38 and the current price sits at 30 once more. Then, look at the SPX500 chart below. The black candles in the index represents the retracement but on a yearly basis, it provides a good opportunity to accumulate rather than selling away.
It it futile to spend time to predict the market directions on a daily, weekly basis . Leave that to the experts who probably get more media attention from it than retail investors like you and me. On the long haul, doing an dollar averaging costing method will yield you in a profitable position than to go in and out of the market.
Comment:
Looking closer at the chart, see the candle on 24 Dec 18 and compare it with 24 Jan 22, do you see any similarities ? Yes, they are both bearish candles. And if that is true and to a certain extent , can we expect a similar pattern to come soon ?
Comment:
once again the fear index is approaching the 38.39 resistance level and the stock market reflected well on its downward slide as well......
