Why the Index Declined | My Name is Money | Detailed Situation Analysis

Why did the index fall and what will happen next? Without much ado, let's be concise and clear.

I have been talking about a sale at the peak for a long time in my posts. I shared this situation with you not as an investment advice but as a result of mathematics. HERE FOR PROOF

For those who defend fundamental analysis, I have answered many times, we have nothing to do with the news because only those who are the subject of the news know the news. I am not in this position, nor are you, nor are the 200 or so Twitter accounts that on average claim to be traders.

X hodja, if you throw a support for this, stop the questions, look how I am raising the share now. these friends of the lawless that they are really just looking for a premium. So why did the index fall and why can't they stop it now? Nonsense!

The excuses are endless. When you ask why the index fell, some claim that the index is fighting with the woodcutters, some blame it on foreign powers, others say the curfew, Joe Biden's decisions as soon as he became president, some say the valuation of the S&P rating, which is expected to be announced tonight. Some even go out of their way to claim that Hong Kong's pertol giant CNOOC lost around 5% in value yesterday...

WHAT IS THE SITUATION IN FOREIGN COUNTRIES?

Well, hodja, that's good, what should we do now?

First of all, being calm is a must in this business. If necessary, print out these 2 articles I wrote on patience and hang them on your wall. If you cannot establish this, this medium is not a suitable place for you to make money. Leave this business before it is too late.

Well, hodja, you share these articles very often, you may say that we have read them. But unfortunately, the questions that even friends who have been following me for a while sometimes ask give me the feeling that they are not read with the importance they should.

Now let's look at some graphs.

WHAT IS THE SITUATION IN AMERICAN BONDS?

#US10Y, i.e. 10-Year US Bonds still continue to rise within the channel, but the completion of the 5-wave and the MACD's sell signal signals that the bonds may fall slightly. This may directly cause a correction in the Index.

I always say, the more you expand your vision, the more room you have to move.

XU100 - BIST100

We talked about the index, so let's see what's on the chart

Why did the index fall? The graph says this. The index may fall, but how long can you be patient? I always say that these correction movements are the end of the world for some and investment opportunities for others.

Daily Chart: MACD sold, RSI reversed direction downwards, reached our target from March

Hourly and 4-Hour Charts: MACD and RSI have negative mismatch

I see it as an opportunity. When I share, I always write this in the last paragraphs:

Important note If you are going to invest 1000 shares, make it a habit not to buy x shares at one price. Fragmented buying is important to keep the cost down. You will not miss the opportunities of possible pullbacks. Think about your investment at least in the medium term, not instantaneously. Take your time, remember our most important motto is "patience".

Now, before asking the question of when to buy, read and understand this article well. Personally, I start buying some of my shares that I give from above gradually. The lower this chart goes, the better. I want to underline this when I say I start buying. If I buy 100 liras I'll take 5 liras. The closer I get to the bottom, the more profit I make. Personally, I do not add the second 5 liras until it drops at least 15 notches to reduce costs.

I am sharing my experiences with you. I have always been there for you when everyone else has disappeared. Please help me to share my posts with more people so that we can touch the hearts of many more people like you.

Remember, if there was a continuously rising pricing, nobody would lose. Use my analysis to develop strategy and learn technical analysis.

Time is our most precious asset. Therefore, I contributed to you by taking my time. If you do not withhold your shares and likes in return for this effort, you will help me keep my motivation for the next time.

Thank you

Final Note: All the details I provide here are for educational purposes and do not contain investment advice. You may make a loss in your transactions. This notification is a legal obligation.

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