PSX Market: Time to Short?

There are many investment ideas for the investors who are looking for a good money market. But it is always advised to do research and learn from experts about investing into any market.

Right now, I have a best investment idea for all those who are interested in stock market.

Currently, the PSX market index is above 80K which is a huge rise within 2 years. According to my analysis and experience, the market will come down from this level.

This have several reasons, one that market is extremely overbought position and RSI is at its peak.

Another reason is the country economy condition which is not that much good. We know that stock market follows the country situation and for that we need a stable situation which is not right now.

Another reason is the global situation which is currently at war, any time soon all markets will collapse.

The last reason which I think is that protests are taking place through many cities against government and this will have huge impact on the market.

Keeping all these in mind, the index will fall. It will be a good time to short the market. Maybe with smaller leverage depending upon your risk.

what do you people think will financial markets have decline ahead? Do you agree with my thoughts? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

IMAGE TAKEN FROM CANVA

Thank You!
Best Wishes.

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