-With the current tariffs on China due to the U.S - China trade war, all major U.S based importers and manufacturers are moving to countries such as Indonesia, Malaysia, Turkey, Russia, and India.
-With a continuously growing economy and an Artificial Intelligence market that's worth of $8 Bn, what's better than investing in India right now?
-U.S equities are in...
Aggregate Volume Drift can sometimes really expose when low volume (outside RTH) is exploited. This is one of the most obvious examples; notice how little bull volume was actually behind the move from 46>50. These moves can take months or more, so be patient, but this looks toppy to me!!
Series of ascending triangles, nice smooth trend line, separation of moving averages, Breached the 200 MA which can now act as support. Good R/R. 3:1 Target $35.00 Stop = $31.00
Stop - a close below diagonal trend line.
The indian stock market index is at the brink of breaking out massively here, in this currency adjusted chart. If it manages to move over this trendline resistance it can confirm a quarterly timeframe trend pointing to a large advance in the coming 12 quarters, as shown on chart. Emerging market stocks become interesting with potential weakness in the dollar going...
Pictured here is an INDA (66/29) short strangle in the June cycle set up around the 25 delta strikes. Paying 1.00 at the mid, it has break evens of 32.00/39.00, a buying power effect of 5.65, and delta/theta metrics of .68/1.98. Unfortunately, it doesn't have the tightest markets, so expect a little price discovery should you want to get a fill.
Both on a fundamental and technical basis, this index is set to keep going down for 4-6%.
As with most ideas published, this is an opportunity to get in.
There is tremendous upside potential long-term.
The market seems to have completed a flat consolidation and is ready to move on higher towards 33.60/34.85. Risk will be to see another correction back to 29.30 before the rise, but that would present an awesome opportunity to go long.