Yesterday for US stock market we predicted
"US market likely to have no consistent direction for most of the day except last 1.5-2 hours of trade when main indices will surge up.However buying time cannot be recommended as day's low point may occur in morning trade and/or again just before it surges up in late afternoon when buying can be done"
Review: Buying either in morning or in the afternoon when main indices were near day's low would have given hige profits as surge in afternoon as predicted was massive. Nasdaq rather than Dow chart displays volatile movement before the late afternoon surge upwards
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