Death of Long only Momentum Portfolio Strategy ?
-
Death of Long only Momentum Portfolio Strategy ?
when the levels is above Super trend with positive DMI it is best time to ride the long only momentum portfolio strategy
now we are at last stage confirmation DMI has turned negative and waiting for it to fall below super trend and break of bullish trendline
if this happen expect further Time and Price wise correction and in this scenerio long only momentum portfolio strategy will face rough periods
the easy money era will be over but yes in every phase select seectors and stocks which have negative correlation will shine well like IT-PHARMA and up to certain extend PVT banks can relatively outperform and help market to stablelize
