Dear Friends,
Here is our Sundays flashnews for Monday's trading range as free copy here. Our Flashnews get release everyday before Asian markerts get open. With in two weeks "2012 Financial Predictions" will be ready for pre-order. Book has detail monthly predictions for 2012 for all commodities, currencies and indexes.
Thanks GOD Bless.. MAhendra ShArma
Dear Members,
Monday Metals and rest of all other markets will remain positive but again profit book will come from either from late today or Tuesday. Again from Thursday buying opportunity coming so trading accordingly.
Here we are putting new trading range for all markets. Book profit or sell at higher levels except S&P and BUY DOLLAR AT LOWER LEVEL.
GOLD/SILVER
Monday’s trading range:
GOLD - $1683 to $1714
SILVER – $31.19 to $31.98
BASE METALS
Monday’s trading range:
COPPER – $335.3 TO $321 (sell at higher levels)
PLATINUM - $1539 TO $1569
PALLADIUM – $563 TO $592 (sell at higher levels)
STOCK MARKETS
Here is Monday’s trading range:
Australia – 4088 to 4029
NIKKEI – 8360 TO 8180
HANG SANG – 17770 TO 18280
DAX – 5480 TO 5621
CAC – 2855 TO 2930
FSTE – 5233 - 5299
S&P – 1163 TO 1183
NASDAQ – 2169 TO 2210
TREASURY BOND
Monday’s trading range: 142.02 to 143.19
COFFEE/COTTON
Here is trading range for Monday:
Coffee - $237.90 TO $230.70
Cotton - $92.90 to $89.80.
COCOA – $2345 TO $2399
SUGAR - $22.90 TO $23.39
LUMBER - $231 TO $239
ORANGE JUICE - $175 TO 180
GRAINS
CORN - $581 TO $599
WHEAT - $579 TO 599
SOY - $1089.5 TO $1129
RICE - $14.10 TO $14.40
OIL
Here is Monday’s trading range:
NATURAL GAS – $3.60 TO $3.78 (Buy natural gas)
OIL - $95.23 TO 98.95 (Buy on lower side and sell at higher price)
CURRENCIES
Here is Monday’s trading range:
Dollar Index – 79.78 to 79.15
Australian dollar – 0.9877 to 0.9709
British Pound – 1.5432 to 1.5595
Canadian Dollar – 0.9551 to 0.9638
EURO - 1.3268 to 1.3389
Japanese yen – 1.2959 to 1.2832
Swiss Franc – 1.0735 to 1.0849
Rupee – 52.09 to 52.59
Rand – 8.51 to 8.78
Final note – Dollar and natural gas look very positive so buy on weakness.
While the rest of the markets will remain in an uncertain zone, but surely some indications of a turnaround will come from Thursday. Get ready for a shorter term trade. Also daily trading ranges will help you make day trading decisions.
Sell grains and currencies at higher levels. Buy S&P and hedge your trade with short in EU markets.
Metals and energy sector will remain positive as mentioned in newsletter but avoid base metals as weaker trend will continue, so sell grains and base metals on higher levels.
Mondays rise in commodities will be proven short life so trade careful and book profit on higher levels. Best time to take trades will be on Thursday.
Thanks & God Bless
Mahendra Sharma
Sunday 4.30 PM,
27 November, Santa Barbara