GENERAL MARKET OVERVIEW

FINANCIAL;MARKETS; around the WORLD are Bouncing from over,sold region! Every;time MARKETS rally, INVESTORS hope for a resumption of a BULL;MARKET! The (BULL;MARKET) will definitely start 1,day, but unfortunately not anytime soon!
To start new (BULL;MARKET) we need to end this (BEAR;MARKET) First! Everytime when markets have rallied this Year, I kept posting that we still not have made a durable or reliable BOTTOM!
And MARKETS after giving, (Stronger and Weeker) bounce, have constantly made fresh lows! And they will, continue to do that, going forward!
If PRICE is something which changes your PERCEPTION then you must have switched your views, multiple times in past few months! During the AUGUST rally, in U.S., everyone was convinced that, nothing can go wrong with MARKETS! Within few weeks, MARKETS surprised everyone who diss-obeyed TIME CYCLES!
The recent bounce in (EQUITY;MARKETS), Have again revived Hopes for already upset INVESTORS! Unfortunately this rally does not have much room on upside! Yes!! When MARKET rallies from HIGHLY Over,sold zone, They gives very sharp (COUNTER TREND BOUNCE), which lasts for (SOME DAYS TO SOME WEEKS), The recent bounce in U.S. INDICES, appears 1,such bounce, which could last, few DAYS not WEEKS! This is not something, what happened in July/August!
So do not get carried away with this bounce! Because the character of this bounce, does not have that velocity to travel meaningful distance! Back in Late September, I posted BEARISH views, on INDIAN and U.S. MARKETS, I went very aggressive on NIFTY, around 17,850, and posted clearly on U.S. MARKETS that they certainly will break june lows, before 4th,October! And they completed that objective! Hens this bounce is not that surprising!
Now this is reaching a point where U.S. MARKETS start to turn lower, may be after some more bounce! And S&P;500; move down towards, long projected target of 3,260, The more ideal way to turn lower, would be after some sideways consolidation! There is no hurry to go down! And this applies to all markets across continents!
I was not able to single out particular INDEX, hens decided to write a common post! Because when I see, structure for (ASIAN&EUROPEAN;MARKETS) I see simillar setups, so all INDICES would move in sink!
Same applies to NIFTY, there was anticipation for a pull;back and we are getting that, once we see, markets Turning, would again take aggressive trades on short side! For very short term I would prefer things to slow,down a bit! But can (OCTOBER;FACTOR) let that happen! Let’s see!