Kse100 high risk low returnKSE 100 IndexPSX_DLY:KSE100ArslankhanMarwatThe index failed to form a higher high, lets see if it forms a higher low. The risk is high at this point. Today 20 day ema acted as a support, lets see where it takes the index. Index is still 200% higher than its previous high of 50000, under current circumstances the only bullish thing that i forsee would be the end of war and that would be the last bullish move. First market crashed due to fear of war, the next drop will be due to economic reasons. Government has two options, either to protect the economy by raising interest rate or protect the market, By raising interest rate. Currently government is not considering the inflation caused by rising fuel cost, because this war was considered as a temporary event, so a rise in prices due to war is not considered as inflation, as inflation is defined as a general and sustained increase in prices of goods and services. If war continues perception of temporary will be shifted to sustained, and when food prices will increase then it will be termed as general. Currently the movement in the market is a pure gamble due to hype train, in which only few will be the winners.