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Astrological Insights into Global Stock Markets: Weekly Forecast
Astrological Insights into Global Stock Markets
This week is expected to be eventful.
New moon and solar eclipse are on 29th April 2014. Venus has entered into Pisces from Aquarius on 27th April 2014.
Last week, S&P500(JUN FUT) made a low of 1,855 and closed at 1,860. In this week, S&P500 JUN FUT will take support at 1,840-1,832.
If 1,832 is breached then it shall drop to 1,806.
On Monday, some weakness may be seen in S&P500. While on Tuesday, S&P500 shall be in recovering mode.
On Wednesday, ups and downs shall be seen.
On 30th’s night, the very time FOMC announcement is ought to be there, S&P500 shall move in a positive direction.
On 1st May 2014, a highly bullish trend shall be observed in the price of the American index S&P500.
On 2nd May 2014 as well, S&P500 shall remain bullish.
However, from non-farm payroll data, S&P500 may witness a fall.
On 5th May 2014, the Asian market could have a gap-down opening.
Trading Range for S&P500 This Week:
- Upper Level: 1,880-1,885
- Lower Level: 1,840
You are advised to book profit in short positions by Monday/Tuesday and then make long positions on dips.
Hold long positions till 1st/2nd May 2014. Our target for long positions shall be somewhere near 1,880.
Precious Metals
Silver made a low of 17.92 last week while Gold made a low of 1,265.
These levels are the major support for bullion.
Gold and Silver could move up to 1,335 and 20.30-20.70, respectively, in this week by our Astrological Insights .
On Monday, a positive trend shall be seen (especially up to 13.00 HRS IST).
From onwards and up to 20.00 HRS IST, somewhat negative trend could be seen.
And then, it shall be back in a positive trend.
Bullion is positive till 15.00 HRS IST on 29th April 2014.
And then, up to 21.00 HRS IST, a dip could be seen in bullion.
And from 21.00 HRS IST, bullion shall be back in a positive trend.
On 30th April 2014, bullion shall remain positive.
After the FOMC meeting, its positivity shall increase.
On 1st May 2014 as well, bullion shall trade positive.
With ups and downs, precious metals shall be positive till 2nd May 2014 by our Astrological Insights.
Please note that for the next week beginning 5th May 2014, the trend could be weak for bullion. Hence, it is advised to close your long position this week itself (around 2nd May 2014).
Astrological Insights : Trading Range and View on Currencies, Bonds, Industrial Metals, etc.: Only for Members
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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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