As a general comment – where ‘you’ would mean ‘reader’
Perform a thought experiment :
What would you do at the black arrow? Imagine the current time was that time! Will you get out? Will you stay? If it is almost double then, at the black arrow, how confident are you based on the statement ‘bse small cap corrected to the level of nifty 50’ . Cover the picture, to the right of the black arrow and try predicting confidently.
Chart reading and prediction is easier to accept in hindsight. Acting upon every signal is difficult, and if not acted upon, then the heuristic of action is weak. We can always say it will be interesting to watch what will happen in the future, but our actions of today are not commiserate of the events of the future.
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