Commody market is shwing now higher level consolidation with upward stop hunt moves.operators test the patience of the traders who enter short in market when the highest level for the season is shown.When such traders commit short the big players make quick upward stop hunt moves and trigger their stops.If the traders hold positions without stop then they hold high and test their patience and induce such short sellers to make short covering at the highest level for the season before the big drop.Those traders take less positions and hold the positions with limits will see profits in coming days.market is known to give profit for the patient traders and not the impulsive ones.
Stocks markets in the world are undergoing downward stop hunt moves and then unexpected upward moves.When traders turn bearish and feel that sell and buy trades will reward easily and commit more positions,the operators rise the stocks and futures and trap them and when they over commit with more shorts,over trading will automatically give margin treat and the traders will easily surrender their money to the operators.
You will soon see the stock and commodity market forecast website www.ipredictindices.com revamped and comeout with new look and new user friendly features.