Review: Predictions for the week- nov 24-28 US market
The prediction for the week was
"...This week market likely to correct steeply mid week with possibility of bounceback towards end of week....."
Review: See the chart above ignoring the last friday section. The week was truncated due to Thursday and part Friday holiday .Market corrected on intra day basis on tuesday and wednesday ( from point of Put purchase) and then bounced back sharply from wednesday lows. Correction was however expected to be sharper .