Global Equity Indices
Today, market shall behave positive. Next day onwards, correction may again start. Positional traders shall buy put options in S&P500 FUT or buy VIX. Here onwards, market shall be ready for a sharp correction by the next weekend.
Gold and Silver may undergo correction (negative) by tomorrow or Monday. Positional trader may long 50% position tomorrow and rest on Monday.
Book 50% profit in Copper at 2.63 and hold rest with S/L 2.58.
Crude oil shall be positive for the day. It can move up-to 49.00-50.00. In next week, negativity is anticipated.
NG shall be positive for today and tomorrow. Long NG with S/L of 2.97.
EUR/USD shall drop for the day.
Buy USD/INR at lower level and hold for next week.
Dollar index shall be moving towards positivity.
You are advised to long USD/JPY.