How did our monthly September Predictions for Indian and US stock markets go? #fb

Read our September predictions for Indian stock market  (chart 1) and US stock markets (Chart 2)



Highlights of our monthly predictions were 

1. Similar monthly charts for both sensex and dow jones
2. hit lowest by mid month and then mixed bullish recovery
3.Indian markets may end with minor gain but peak recovery of 2nd half of Sep will be before Sep29(index ended with 300 points loss on sensex comapred to august closing)
4. profits were made on shorting nifty and Dow (excluded from profit calculations)
5. Market hit a low point as indicated good enough for good profits and rose sharply in 2nd bullish phase also for good profits (dow gained 500 points from mid sep low,similar gains for Sensex but very sharp correction after Sep 20 was not predicted

Limitations :Predictions work best when there are at most 2 trends in a month,week or day,multiple upsides,downsides are mostly captured as volatility or mixed bearish/bullish phase

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