Enjoy Wednesdays day trading range flashnews letter whoch was send yesterday for Wednesday trading.
Thanks Mahendra Sharma
Dear Members,
Tuesday all major markets traded as predicted, precious metals gained from predicted lower point. We are not recommending selling in precious metals as our views on metals remain positive so buy at lower levels.
Oil traded in predicted range so get in and out on daily basis.
Wednesday’s trading range for metals:
GOLD: $1759.30 to $1730
SILVER: $34.55 to $33.62
COPPER: $390.50 TO $381.30
PLATINUM: $1663 TO $1638
PALLADIUM: $716 TO $701
Yes coffee traded positive, coffee is our take among soft commodities so buy it. Here is Wednesday’s range of March 2012 contracts:
COFFEE - $223.70 TO $217.50 (buy)
COCOA - $2292 TO $2239
COTTON - $93.90 TO $96.53 (Buy)
SUGAR - $24.68 TO $24.06
ORANGE JUICE - $198.90 TO $190.90
LUMBER - $277.1 TO $269.80
Buy S&P, and keep trading in and out for until next weekend before you start building longer term positions. World equity will have positive trend due to US market trend.
Here is Indexes range for Wednesday:
AUSTRALIAN – 4261 to 4227
NIKKEI – 8932 TO 8989
NIFTY – 5343 TO 5407
HONG KONG - 20937 TO 20680
CAC – 3438 TO 3398
DAX - 6809 TO 6711
FTSE – 5887 TO 5786
S&P - 1352 TO 1236
NASDAQ – 2548 TO 2511
RUSSELL – 831 TO 820
DOW – 12900 TO 12789
Wednesday’s trading range for grains:
CORN - $647 TO $636
SOY - $1239.75 TO $1223.75
SOY OIL – 52.65 TO 52.09
WHEAT - $669.25 TO $655.75
RICE – 14.25 TO $13.99
Lately oil predictions done well, trade and in out in oil and gas as per daily predicted range. Here is Wednesday’s trend range:
OIL - $99.16 TO $97.14
Natural GAS - $2.59 TO $2.47
TREASURY BOND – 143-07 TO 141-23
Buy Dollar against all currencies later in day, all currencies will lose shine against USD, still two more day are pending before dollar start moving up huge. Yen is trading weaker and I highly recommend holding sell in Yen for medium and longer period. Our target is 1.12 in Yen by end of this year.
Wednesday’s trading range is here:
DOLLAR INDEX – 78.35 to 78.98
EURO – 1.3319 to 1.3188
AUSTRALIAN DOLLAR – 1.0808 to 1.0691
CANADIAN DOLLAR – 1.0007 to 1.0069
BRITISH POUND – 1.5970 to 1.5838
JAPANESE YEN – 1.3037 to 1.2968
SWISS FRANC – 1.1011 to 1.0908
RUPPEE – 48.60 to 49.03
RAND – 7.57 to 7.46
This month in the uranium and alternative newsletter we recommended five stocks, out of them, four moved up huge, ZOLT, PLUG, FCEL and SATC. Today SATC moved up 55%. Hold these stocks. I am reducing uranium newsletter subscription cost by almost 50% from today (5.30 pm Santa Barbara Time) so those who like subscribe should do it ASAP. Soon our weekly newsletter, flashnews and Uranium letter subscriptions prices will go back to normal prices so tell your friends and colleague to take advantage of current low prices.
Currently we are reducing prices only because I want people to take advantage of most amazing oncoming bull cycle in stocks, metals and uranium bull. Among stocks, Uranium stocks will outperform each and every area of markets but also they will create a history by breaking all past bubble records. Must remain with S&P, silver, coffee and of course uranium, stocks of uranium may move up between 500% to 5000% percent in the next five years (yes historic bubble is on the way).
We are reducing "Uranium & Alternative energy newlsetter" prices from:
1 month from $125 to $65
3 month from $305 to $170
6 Months from $557 to $315
12 Months from $980 to $520
Thanks & God Bless
Mahendra Sharma, Tuesday 5.00 PM
Santa Barbara