Hello and welcome to macromicrotrader, where I try and decipher what market has to offer based on what’s happening around us!
Latest Posts
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Markets: Bearish but not so bearish. Not just yet!
“While lower time frames are all bearish, weeklies haven’t given conclusive bearish signals. So, if one is holding the shorts, or initiating a new one, ensure to get out of them quickly unless there is a confirmation to continue the bearish bets on the weekly charts.” Read more
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International Markets: What’s happening out there?
“While we have been focused at what’s happening in the U.S., it makes sense at times to keep an eye on what are global markets upto and if there’s any sign of stress or is there a relief in sight.” Read more
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US markets: Broken and shaken but Is it done?
“If last week things were broken, now it is all the more shaken. Apart from the 20 EMA of the weekly and supports in the form of lower end if wedges and channels – which are bearish if and when breaks down, I find no reason to be heavily bullish. ” Read more
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U.S. Markets: The test, the weakness and the strength!
“Last couple weeks have been good for the bears and good for us as well, as we expected the weakness and it ensued. What happens next and how to place our bets is something we’ll see in the post today.” Read more
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Indian markets: Where is it headed?
“One key principle of technical analysis is that higher the time frame of the analysis, more accurate the results are. For example, if there is one bullish pattern on an hourly chart and there is another bearish pattern on the daily or weekly chart, I would rather trust the daily and weekly chart as against… Read more
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Macro-micro: The signs were there if we looked!
Even as the trend may not have turned down for the key indexes, key stocks that led us all the way up, aren’t showing any healthy picture and their charts are all broken down. Read more
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Macro micro trader 