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When is this correction coming then ? !

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First I thought it would be second week of March … And yet we are into second week in April and there is not much sign of a coming correction in the major US, European or UK indexes.


When I say correction, I mean Dow down to 19k and Dax down to 11K and FTSE down to 6.7 k. Not a crash but a correction.

Could it be the traditional sell in MAY ? It may well be as we need to visit DJIA 19,000 ish sometime this year …and when and if it does it won’t stay there as I am confident 2017 will end on a historical high note for DOW and DAX and very possibly  FTSE.

The correction is very close, longs be careful, caution is king !

All in my humble opinion and no investment advice intended.

Andre Minassian

I am running a challenge on http://pelican-trading.com/invite

The challenge begins tomorrow 12 of April 2017 – You can join the challenge at any point before a winner has reached his/her target.

You can download the app free, create a live account within minutes and join the challenge with minimum of 100£ fund in your account. The winner is the first trader to double their trading fund with which they started the challenge with .

My group is CHALLENGE : Who can double their trading fund first !


You can see my LIVE trades and follow them if you wish – A good place to learn and show off your trading skills.

The prize is a Trophy which you can display on your desk – Winning !


CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

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  1. Anthony G. says:

    I’m going to join the challenge Andre, so exciting, could become famous then :)

  2. Chris T. says:

    The drop has began I think Andre, or it’s fake dive? Tomorrow shall know what they are doing here.
    Love the challenge on the app, specially that it is live and for once I can see how and what you trade.
    Will join
    Thank you

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