Stock Markets Around the globe

Stock market shall witness weakness with volatility for the coming days. S&P500 can drop to 1,960 while DOW can drop to 16,800. With stop loss of 17,200 short DOW (DEC FUT) & S/L of 2,010, short S&P500 DEC FUT.

PRECIOUS METALS

Gold made a low of 1,218 last night while Silver made a low of 18.40. Positional traders hold long position with stop loss 1,215 (GOLD) & 18.20 (SILVER).

If it moves up today, it shall remain positive for next day.

If it doesn’t move up today, the final bottom would be made by 23/24 September 2014.

If these stop losses are triggered, exit long position. And consider buying opportunities on 24th September 2014.

I am regularly writing that the big positive move will be seen from 4th October 2014.

Gold is strong only if it sustains above 1242 and Silver is strong only if it sustains above 18.89.

Gold is weak below 1215 & it may drop to 1190. Silver is weak below 18.40 and may drop to 18.10.

As per astrology, 4th October 2014 onward, shall we see the bull run in bullion