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Global Equity Indices
Last evening, market was trading in low volume. Market can be negative for today and tomorrow.
TODAY’S TRADING RANGE: * March Fut
- DOW (FUT): 19880-19750
- S&P 500 (FUT): 2265-2247
- NASDAQ (FUT): 4960-4910
- FTSE (FUT): 6980-6890
- CAC(JAN FUT): 4840-4780
- DAX(FUT): 11460-11300
- AEX(jan FUT): 480-472
- HENG SENG (DEC FUT): 22000-21550
Bullion can witness a correction today or tomorrow. Gold is technically bullish only above 1150. You are advised to use S/L of 1150 with short position in Gold. The last week’s low of 1124 can be re-tested. We are not sure if the previous week’s low shall be breached. If breached then it would further decline. Similarly, if Silver breaks 15.90 then it can drop to 15.60. Above 16.30, there is a technical breakout for Silver.
-GOLD (Feb): 1144-1126
-SILVER (Mar): 16.25-15.60
Copper shall continue with uncertainty and bearishness.
- COPPER: 2.54-2.45
Crude shall be negative for the day. Next day onwards, crude shall be positive.
Short NG with S/L 3.50 for target 3.10-2.80.
- CRUDE (FEB): 53.50-52.00
- NG (JAN): 3.44-3.20
EUR/USD shall be negative for the day.
USD/INR can cross 68 anytime today or tomorrow.
Dollar index can move up to 104.00 in a day or two.
- EUR/USD: 1.0450-1.0370
- USD/INR: 67.70-68.00
- DOLLAR INDEX: 102.80-103.50
US Treasury Bonds
US Treasury Bonds 10 yr & 30 yr yield shall move in positive direction for today and tomorrow.
US 10 YR TREASURY: 2.50-2.62
US 30 YR TREASURY: 3.07-3.20
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- 2017 astrology gold price