Trend of Oil and Bullion

PRECIOUS METALS
Bullion shall move up for the day. For next day, mix trend is expected. Some correction may be seen tomorrow.
You can book profit at higher levels today and buy back next day.
TRADING RANGE:
– GOLD :1,209-1,228
– SILVER: 17.15-17.55+

CRUDE OIL & NATURAL GAS

Crude Oil & Natural Gas shall continue to be in weak trend till next day.
Crude Oil can go down to $88/bbl. From Monday, the trend shall turn positive for Oil and energy products.
NG shall trade both sides for the next 48 hours. Avoid NG till weekend. In next week, NG can go up by 5-10%. Around 3.90-4.00, long natural gas.

INTERNATIONAL STOCK INDICES
Venus shall combust today. This shall give support to bullion. In next week, from 4th October 2014, several planetary conditions shall change. On 8th, it is the lunar eclipse.
Between 4th and 18th October 2014, a big natural disaster / calamity could come up (especially earthquake in Asian continent). Moreover, in this time period, there are chances of disasters affecting human lives in USA.
On 4th October 2014, Mercury shall retrograde. All of these situations are bad indicator for the stock market but trend booster for bullion, crude oil & natural gas.
For today, market shall be in a range.
Cover 75% short position in S&P500 @ 1,940.
Also cover short position in other stock indices.
And then make new short position around Friday’s closing.
In next week, a big fall could be seen, which would navigate S&P500 to 1,905-1,880.
Overall, this weakness shall last till 18th October 2014.
Note: On 3rd October 2014, recovery can be observed. You are advised to make short position at higher level.

EURO
Due to ECB meeting, EUR/USD shall move up.

DOLLAR INDEX
For today as well, Dollar index shall be in correction mode.

US 10 YR-TREASURY BOND
Bonds shall be strong for the day. It shall move up.
TRADING RANGE:
-US 10 YR T BOND:2.45-2.35

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