TickerHound

MNSL answered one month ago …

I wish you the same.

I think there will be a rally after this weekend through out the world.

Normally whenever there is a small rally there will be a pull back. Similarly whenever there is a pull back in the market there will be a rally.

In this side way market we often see these types of sea-saw patterns in the market. It is very common now.

Market is little bit oversold now. Even markets like China and India had a strong corrections time to time and rebounded strongly again. All depends on how market forces react according to the situation. However intelligent investors have different strategy in volatile market.

Factors to watch:

Oil price
Appreciation of US Dollar against other currencies
Direction of the commodity market in July