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Downward momentum in the US equity market persists
Last Friday, our subscribers closed their short positions on the S&P 500 at 5680 and the Dow at 42216. On the website, we noted that a rebound would follow the drop but would likely not hold. In keeping with that outlook, on Monday we opened new short positions in the S&P 500 (Cash) at 5720, the Nasdaq (Futures) at 20000, and the Dow (Cash) at 42468. Today (Tuesday), the S&P 500 touched a low of 5552, the Nasdaq reached 19118, and the Dow slid to 41627.
All prices refer to S&P 500 and Dow in Cash/Spot, and the Nasdaq in Futures.
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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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