01.12.2020 Why the Index Declined and What Will Happen Next?

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

I said on November 23rd that I would sell at the peak, not as an investment recommendation, but as a result of mathematics. HERE FOR PROOF

I have answered many times for those who defend fundamental analysis, 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 claim to be average 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. Some claim to be fighting with the boarders, some blame it on foreign powers, others say curfew, cabinet changes, political developments, Qatar's entry into our stock exchange, etc...

WHAT IS THE SITUATION WITH THE FOREIGNER?

LAST 1 MONTH VOLUME

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.

1. Impatience is our No. 1 Enemy
2. A Share of the Parable Patience-1

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.

XTUMY

Before moving on to the Bist 100 chart side shares It is useful to examine. For this, you can think of XTUMY as all shares - bist100:

We have a couple of signals in the chart above that suggest that a sell-off may be coming.

1. The formation of a mustard yellow harmonic structure raises the possibility of a bear market for a while
2. RSI negative mismatch present
3. MACD negative mismatch present

These 3 signals show us the points that the chart may touch in a possible pullback. Of course, this situation increases the chances that the XU100 chart will also lead us.

WHAT IS THE SITUATION IN AMERICAN BONDS?

The outlook for bonds gives us signs that the index may continue to rise in the long term, even if there are short-term pullbacks. Here, the movements within the rising channel should be well observed.

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

The chart is saying. The index may fall, but how long can you be patient? I always say that these corrections are the end of the world for some and investment opportunities for others.

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 started to buy some of my shares that I gave from above as of today. The lower this chart goes, the better. I want to underline this when I say I started buying. If I buy 100 liras I bought 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.

You can send your questions and suggestions here or on Twitter.