The markets have reached an inflection point . The next Fed move if it sounds a bit hawkish may turn the tipping point towards a meaningful correction.
Japan consumer prices keep dropping ignoring all the money being pumped in by the central banks . It is clear that like electricity liquidity chooses the path of least resistance .
In simple language :
This vicious cycle continues as the problem is in the sentiments , not in the absence of cash .
Coming back to Indian equity market we may see some more correction in line with the global markets . Investors are advised to stay on the sidelines .
Traders can take short positions for day trading .