When is this correction coming then ? !

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First I thought it would be second week of March … And yet we are into second week in April and there is not much sign of a coming correction in the major US, European or UK indexes.

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When I say correction, I mean Dow down to 19k and Dax down to 11K and FTSE down to 6.7 k. Not a crash but a correction.

Could it be the traditional sell in MAY ? It may well be as we need to visit DJIA 19,000 ish sometime this year …and when and if it does it won’t stay there as I am confident 2017 will end on a historical high note for DOW and DAX and very possibly  FTSE.

The correction is very close, longs be careful, caution is king !

All in my humble opinion and no investment advice intended.

Andre Minassian

I am running a challenge on http://pelican-trading.com/invite

The challenge begins tomorrow 12 of April 2017 – You can join the challenge at any point before a winner has reached his/her target.

You can download the app free, create a live account within minutes and join the challenge with minimum of 100£ fund in your account. The winner is the first trader to double their trading fund with which they started the challenge with .

My group is CHALLENGE : Who can double their trading fund first !

http://www.pelicanexchange.com/

You can see my LIVE trades and follow them if you wish – A good place to learn and show off your trading skills.

The prize is a Trophy which you can display on your desk – Winning !

GOOD LUCK

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Comments

  1. Anthony G. says:

    I’m going to join the challenge Andre, so exciting, could become famous then :)

  2. Chris T. says:

    The drop has began I think Andre, or it’s fake dive? Tomorrow shall know what they are doing here.
    Love the challenge on the app, specially that it is live and for once I can see how and what you trade.
    Will join
    Thank you
    Chris

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