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24 July 2020: Action in Equities and US Treasury Bonds
Our take on the American equity market was recently published wherein it was asked to short S&P500 at 3255 and 3272. The weekly closing on 24th July 2020 has been at 3202 with low at 3191.50. Gold and Silver are doing a wonderful job for our subscribers. It should be noted that we had clearly timed the 2011 uptrend in Gold and Silver very well. This week, Treasury Bonds trade in a tight range but very much followed our view. Our trades in Bonds this week:
- We were long in US 30 Y T-Bond @179.78 (from Last Friday)
- Booked 50% profit at 181.14 (on 23rd July 2020 | 7 PM IST )
- Added long position at 180.28 (on 24th July 2020 | 7.14 PM IST )
- Booked 50% profit at 181.05 (on 24th July 2020 | 11.36 PM IST)
The corona numbers are increasing rapidly and there is a lot of volatility in store for stocks as well as bullion, energy, bonds.
Before the predictions are here, they are available to subscribers of Daily Newsletter & Live Trading Signals. Our charges are set to increase after 31st July 2020.
Integrate Market Timing in your Portfolio
Mr. Rajeev Prakash
Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.
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