12th Jan 2017 - V for Victory

Pattern Study

 

1. There are so many V-shape around with huge profit to gain from.
2. If there are many of them it kind of indicate the bullishness of the entire stock market.

 

What should I do?

 

1. Look out for trend reversal signals and buy in stages after each signal is validated.
2. Getting at the most bottom is close to impossible, but getting in at stage 2 onwards is achievable.

 

Chart 1	Chart 2

 

Chart 3