ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

So … Is it going to be a Bear or a Bull for 2016?

Share On Facebook
share on Linkedin
Print

The moment of truth is upon us. FTSE has managed to stay above 6,000 for more than a few days and most importantly Dow Jones ( DJIA) possibly/perhaps/maybe is to approach and cross 17,000. DJIA 17,000 is my indicator with which I judge whether major world markets will entre a bull trend or back down and see the markets correct more than they already have. Once and if we cross 17,000 Dow, we have an even more important number to hit, cross and stay above … And the number is 17,400. A sustained manoeuvring above 17,400 is a definite indication for me that we have entered a bull market which will last at least for the year, with a very possible target of 20,000 DJIA by the end of the year. Above 17,400 I will go all in, on S&P , DJIA , DAX, Nikkei and other major markets. The bullishness above that level will also pull up FTSE as reluctant as it may be acting .

Next week or so are absolutely crucial to watch, it is worth watching and tapping fingers for direction … Caution is still king, since, whenever we feel comfortable about a direction , they simply switch and go the exact opposite direction, this is indeed how they take our money, it is a pre-determined game, they are privy to it and we are not … and did I say all major markets are fixed? Indeed they are … fixed to the last digit … These are all games … Clever Games.

Good luck

All in my humble opinion and no investment advice intended.

Andre Minassian

www.clevergamesuk.com

Register for free email updates, will not sell or use your details for any marketing … and only send my thoughts if and when I feel I have something to contribute. Takes less than a minute to register.

Always expect success

 

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments

  1. Jeff B. says:

    Thank you for the article Andre, always look forward to your thoughts.
    Personally I would love a bull market as unlikely as it may seem.

    kind regards
    Jeff

  2. captain says:

    Yes, we will see DJIA 17,000 or there abouts. Not convinced we’ll see new highs any time soon.

  3. Amin saleem says:

    Fantastic advise as always

  4. Andre says:

    Thank you Jeff, It maybe that DOW 20,000 is back on the cards, first need to cross 17,400

    Andre

  5. Andre says:

    Thank you Amin for your kind words.

    Andre

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com