The road ahead for stocks, bullion and oil

Global Equity Indices

The fall that started in market last week shall continue with ups and downs till 13th April 2017. In this timeframe, S&P500 FUT can drop to ???? or lower. In this week, market may behave negative on 27th. On 28th, as per astro-indicator, positive trend is possible. From the second half of 28th, profit booking is anticipated. Market may close in flat to slightly negative trend. On 29th and 30th, sharp decline is possible. On 31st, market shall be rangebound. In next week, a sharp decline is possible.

Last week, you were advised to short S&P500 FUT. It has made a low of 2325 by now. With S/L of ????, hold short position in S&P500 FUT. If 2338 is crossed then it can move up to 2350 by tomorrow. Weekly closing shall be below ????.

Day traders are advised to book 50% profit in S&P500 at ????.

PRECIOUS METALS

Bullion shall be overall positive till tomorrow. On Wednesday-Thursday, it might witness a decline. Again on Friday, positivity is anticipated. Technically above ????, gold can go up-to ????-????. On the other hand, if ???? is breached then it can drop to ????.

We are overall positive in bullion till 4th or 6th April 2017. From 7th to 10th April, a declining trend is anticipated. From 13th, it shall again enter a positive trend which shall continue for next 2 months.

CRUDE OIL

Crude oil shall witness a sharp correction. It can drop down to ?? in this week. A major sharp decline is anticipated on Wednesday. It is advisable to short crude oil at higher levels.

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