Stock market to bounce back temporarily

Global Stock Indices

Today, equities shall be bearish. At current level, you are advised to long 50%. Till Thursday, market has chances to bounce back. S&P500 shall be back to 2,050-2,055.

You are advised to make 50% long position in global stock indices. Before that, cover your short position in S&P500.

Till Thursday, stock markets around the globe shall trade positive (including India).

PRECIOUS METALS shall be positive for the day… Detailed VIEW: ONLY FOR MEMBERS

INDUSTRIAL METALS

In the previous trading session, Copper made a low of 2.75. It is expected to have a U turn today & remain positive for next 2-3 days. 

CRUDE OIL

In the short term, crude oil is in bearishness. If Oil breaks $50 then it can drop to $45. However, Crude may have a U turn from today. For once by Thursday, it may climb up to 52-53.00/bbl. On closing basis with stop loss of below 50.00, you can long crude oil. 

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash