Part of Wednesday’s Letter

Here’s a part of the newsletter that was sent on Wednesday.

PRECIOUS METALS

Bullion shall continue in negativity for today and tomorrow. Gold may drop to 1226-1215 while Silver may drop to 15.40 by tomorrow.
SELL BULLION AT HIGHER LEVELS.

GLOBAL EQUITY INDICES
Today, It is the Kendra joga of Jupiter-Saturn, which comes like once in a decade. The impact is supposed to be negative for market. Also, it is the lunar eclipse today- which is also negative for market.
On 25th, Saturn shall retrograde – another negative indication for equity market.
Today onwards, market shall enter a short term negative trend. This trend may flourish till next Monday / Tuesday. Monday and Tuesday may be more bearish.
A short term bottom shall be made around 7th April 2016.
S&P 500 may drop to 1980 or lower in this time frame.
Today, you may short 50% S&P500 @ 2040-2044 and rest 50% S&P500 @ 2050 (if it comes) and hold this position for next week.
Short Dow Jun Fut with stop loss above 17650 for target 17100 or below. You may also short Heng Seng Index.

CRUDE OIL
Crude oil may drop to 38 by tomorrow and 36 by next week. Hold short position in crude oil.

EURO

Short EUR/USD @ 1.1214 for target below 1.1100.
In next week, EUR/USD may even breach 1.100.

 

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