Your cart is currently empty!
Part of newsletter: 3rd June 2016: Prediction on non-farm payroll announcement
Here’s a part of the newsletter sent this morning (3rd June 2016)
GLOBAL EQUITY INDICES
It is going to be a big surprising day for the stock market. S&P500 FUT shall experience a sharp correction after the non-farm payroll announcement. On the lower side, S&P500 FUT can drop to 2070-2060. And then a recovery of 5-10 points is anticipated.
On 6th and 7th, market shall be in a limited range.
On 8th, declining trend is expected.
On 10th, sharp correction is observed.
Bottom shall be made around 17th June 2016 – in this time frame, S&P500 FUT can drop to 1950 or lower.
On 17th, market will take a sharp U turn after making a low.
S&P500 FUT made a low of 2087 last day and reversed.
You can short S&p500 FUT either around 2105 or before US job data announcement.
European market shall also close negative today.
TODAY’S TRADING RANGE: * June contract
- DOW (FUT): 17860-17650
- S&P 500 (FUT): 2105-2065
- NASDAQ (FUT): 4540-4470
- FTSE (FUT): 6230-6150
- CAC(FUT): 4490-4420
- DAX(JUN FUT): 10350-10120
- AEX(FUT): 451-442
- HENG SENG(FUT): 20650-20350
PRECIOUS METALS
Bullion shall experience a highly positive move today. Before the non-farm payroll announcement, you are advised to long GOLD and SILVER.
In next week, positive trend is anticipated.
TRADING RANGE:
- GOLD: 1205-1240
- SILVER:15.90-16.40
CRUDE OIL
Crude oil made a low of 48.00 in the previous trading session. After the non-farm payroll announcement, a sharp correction is expected. Around 49.20-49.50, you can short crude oil for target 47.00.
NG
NG has a major hurdle at 2.45. Anytime, a considerable fall may be seen in price of natural gas. In coming days, it may drop to 2.15 once again.
You can short NG around 2.41-2.42.
TRADING RANGE
- CRUDE:49.60-47.00 & BELOW
- NG: 2.42-2.36
US Treasury Bonds
Hold long position in US 30 YR and US 10 YR treasury bonds for target 2.52 and 1.75.
TRADING RANGE:
- US 10 YEAR: 1.83-1.75
- US 30 YEAR: 2.61-2.52
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.
Leave a Reply
You must be logged in to post a comment.