Relative analysis of world indices for the last three months.
The top two right now are India followed by Korea which are close to the same levels they were in April, with Shanghai dead last, losing some 25% in the same time.
It’s strangely decoupled in the last month or so with the developed market indices – the Nikkei, FTSE and Dow are down over 10% and the DAX about 5%. I don’t know where we will go but this is one of those times when we should be glad we’re in the same place while the rest of the world is not going anywhere. But will it last? When does the uncorrelated become the correlated?
I-DAY BAZOOKA MCX BUY COPPER ABOVE 420 TARGET 422.5-425 SL 417
ReplyDeleteOUR FIRST TGT 422.5 ALMOST ACHIEVED IN COPPER BUY CALL, BOOK PARTIAL PROFIT AND TRAIL SL AT COST CMP 422.4
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