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Global Stock Market: Newsletter sent on 12 May 2020
Global Stock Indices
In the previous session, S&P500 made a high of 2940 and low of 2889. Closing was at 2930. Overall, the bottom of S&P500 is expected around Thursday. On Thursday, sharp decline is indicated. It is possible that S&P500 may breach 2800. Today as well, sharp correction is possible. S&P500 has support at 2880 (which if breached then it would open doors to 2850-2820). Avoid making long positions around these levels. On Wednesday, market may behave neutral. However, Thursday is a negative day for the equity market.
Tonight at lower levels, make sure to book 50% profit in short position.
On Wednesday, again short at higher level and hold for Thursday.
It is advised to book 50% profit in HANG SENG at CMP (24100) and European indices at CMP.
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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