Review: US market prediction - Intra day for july 20

Most notably the correction did  not take place in afternoon.Details of profit/loss will be given later

Prediction as posted on July 20

 

 

US market today will generally be doing much better in first half( either operating in green or bouncing back from any neagtive or poor start in morning). However a strong correction that may be occur closer to end of day or second half of day i s possible.(but bounceback is not ruled out)

 

we can expect intra day chart of second half to be lower or contain severe dip as compapred to first half( unless markets opens in deep negative)

 

 

1. Strategy: Buy call options if market opens neagtive or flat

2. If 1 is profitable short index in afternoon when index may peak