S&p500 again at 4100?

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It was mentioned on the website that markets would remain bearish until Wednesday. Prior to this, S&P500 made a high of 4097 (we advised booking profit in S&P500 at 4080 / DOW at 32575 / NASDAQ at 12500). There was a gap at 3920 which has been filled. The low of 12th May for S&P500 -3857 may not be breached and a bounce back is possible over the weekend as predicted earlier. S&P500 may cross 4097.

Nifty made a bottom at 15752 and bounced back to 16350. If the support is not breached then Nifty may again bounce back to 16200-16300.

In our weekly newsletter, it was mentioned that market would remain upward till Tuesday. On Wednesday, bearish signal was indicated. Recovery was indicated for Thursday-Friday.

S/L for long position in S&P500: 3850 | Nifty: 15750.

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Mr. Rajeev prakash agarwal financial astrologer

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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