Market has been into prolonged bear cycle. It was expected to show some sign of recovery in the month of May and it did too but that didn't stay for long. I expect June to be the same that is in bear phase. July can show some sign of recovery which can extend till September. Right now chart and market trends are pointing towards more dump. But that wouldn't be so deep as to ruin the market. Volume is pretty less right now and hence, the market isn't able to recover from the bear phase.
This is really insightful . What do you think could be the cause of this long bear ?.. can it be attributed to the fact that no new money isn't entering the market ?.. because it seems we are simply re-circulating the existing money