Sharp fall in S&P500 and Bullion

Stock Markets around the Globe

– On Monday, global markets are expected to trade in volatile to weak trend. U turn is indicated from 18^th March 2014’s UK opening (or 11.45 HRS IST). This upward trend shall continue till 19^th March. After FOMC, sharp decline is indicated in major global indexes (such as S&P500).  This declining trend shall last till Friday.

– SELL S&P500 ON RISE FOR THIS WEEK. S&P500 (JUNE CONTRACT) – HIGHER LEVEL: ????| LOWER LEVEL – ???? & BELOW.

– From Friday’s US timing, market shall turn in positive trend. This shall continue till next week.

– Around Friday’s UK opening / US opening, long S&P500 and hold position for next week.

 PRECIOUS METALS

Bullion is expected to trade volatile. From US opening, trend shall be in positive direction. On Tuesday as well, bullion shall be volatile but supportive. It shall remain slightly positive with volatility for Wednesday.

On Wednesday, market is expected to fall sharply after FOMC announcement. This fall is to continue till Thursday.

Again, on Friday, trend shall be bullish for precious metals.

SHORT GOLD @ 1,3?? & SILVER @ 21.?? AND COVER THIS POSITION BY THURSDAY’S EVENING.

AND AROUND THURSDAY’S US CLOSING, COVER SHORT POSITION AND LONG BULLION. HOLD THIS LONG POSITION TILL 26^TH MARCH 2014.

Between 27^th March and 13^th April 2014, bullion shall trade in weak trend. Again from 13^th April 2014, a situation like war may come up, which could last till 25^th April 2014. This shall be a highly positive period for bullion.

This positive trend shall continue for some time.  Details shall be sent at the right time.

 US TREASURY BOND

30-YR US Treasury bond shall be range bound till US opening. From Us opening, it shall move in positive direction and shall remain positive till Wednesday.

From FOMC announcement, sharp decline shall be observed, which shall last till Thursday.

Around Thursday’s US closing, make long position in bonds and hold for next week.

CURRENCIES : EURO (EUR/USD)

EUR/USD shall trade positive from 17.00 HRS IST.  With volatility, it shall remain positive till 19^th March 2014.

From FOMC announcement, sharp decline shall be observed, which shall last till Thursday.

And again from Friday, upward trend shall be seen.

Range this week: Upper Level: 1.3950 | Lower Level: 1.3800 & below.

It is advised to short EURO at upper level.