Dear Friends,
Enjoy Tuesdays Flashnews here, todays grains moved up as predicted, so far oil and metals are trading weaker as mentioned in flash and all other markets traded in day range as mentioned in flash.
Thanks, Mahendra Sharma
Dear Members,
Finally Natural gas moved more than 12 percent in a day, what a huge move. Natural gas was great buy around historic low and we are not sure that this kind of opportunity will come again. Oil moved up on the news EU on Iran trade embargo.
All major market traded as predicted in newsletter as well as well Mondays Flash, metals moved up with oil and that is encouraging news as per planetary movement, as Monday was the mix day but gold, silver, platinum, palladium and copper gave positive indications so downside in metal is limited. Tuesday is negative day for metals.
I also don’t recommend any shorts in…
Here is Tuesday’s trading range for all major markets:
GOLD/SILVER
Avoid metals at this stage. Here is Tuesday’s trading range for precious metals:
GOLD - $1682.90 TO $1643
SILVER - $32.70 TO $31.52
COPPER/PLATINUM/PALLADIUM
Tuesday’s trading range for base metals:
COPPER - $384.90 TO $375.10
PALLADIUM - $691 TO $672
PLATINUM – $1574 TO $1548
STOCK MARKET
Stock market will remain in tight range. Here is Tuesday’s trading range for indexes:
AUSTRALIAN – 4228 to 4178
NIKKEI – 8789 TO 8830
NIFTY – 5025 TO 5091
HONG KONG - 20348 TO 20003
CAC – 3263 TO 3220
DAX - 6483 TO 6371
FTSE – 5768 TO 5703
S&P – 1317.75 TO 1303
NASDAQ – 2448 TO 2421
RUSSELL – 787 TO 775
DOW – 12752 TO 12559
COFFEE/COTTON
Some weakness will come in soft commodities except cotton and sugar. Thursday’s trading range:
COFFEE - $221.80 TO $216.30
COTTON - $99.98 TO 98.18
COCOA - $2318 TO $2253
SUGAR - $25.29 TO $24.74
ORNAGE JUICE - $223.55 TO $214.90
TREASURY BOND
Time to cover thirty years bond, and one can go long.
Tuesday’s trading range: 140-24 to 142-12
GRAINS
As last week we mentioned that Monday and Tuesday grains would move up and we may see selling coming in from Wednesday so book profit on Tuesday if they move up sharply. Here is Tuesday's trading range for grains:
CORN - $626 TO $614
SOY - $1227 TO $1205.5
SOY OIL - $51.88 TO $50.93
SOY MEAL -$323.10 TO 318
WHEAT - $627.25 TO $614.50
RICE – 14.78 TO $14.52
ENERGY
One should book profit in oil as weakness can come from middle of Tuesday, buy natural gas around $2.45 and we don’t see gas going below $2.45.
Here is Tuesday’s trading range:
OIL – $100.55 TO $97.32
NATURAL GAS - $2.68 TO $2.45
CURRENCIES
Dollar remain sideways, tomorrow dollar will gain from middle of sessions so buy dollar index on weakness. Get out from all currencies on higher side predicted target of today.
Here is Tuesday’s trading range:
DOLLAR INDEX – 80.28 to 79.68
EURO – 1.3075 to 1.2940
AUSTRALIAN DOLLAR – 1.0508 to 1.0443
CANADIAN DOLLAR – 0.9948 to 0.9865
BRITISH POUND – 1.5627 to 1.5510
JAPANESE YEN – 1.3007 to 1.2960 (Sell on opening as we see fall coming)
SWISS FRANC – 1.0840 to 1.0732
RUPPEE – 49.68 to 50.28
RAND – 7.85 to 07.94
Our special discount offer for weekly newsletter and flashnews will end soon so take advantage of current discount.
I have decided to offer around 70% discount on flash-news. So, the current price of subscribing Flash-news is $197 but after this current discount offer, subscription cost will be $79 for a month;
Three months is $530 but after discount now cost will be $230,
Six months $980 but after discount now cost will be $399
One year $1790 but after discount now cost will be $698. I am sure many will able to take advantage of the current special offer. Current members can extend their services.
Also we are announcing to reduce cost of the weekly newsletter: Newsletter Subscription offer:
Monthly: $475.00 USD, after discount new rate will be $299.00
Quarterly: $1,250.00 USD after discount new rate will be $810.00
Semi-Annually: $2,096.00 USD after discount new rate will be $1520.00
Annually: $3,900.00 USD after discount new rate will be $2700.00
So far book accuracy for Month of Jan 2012 - http://www.mahendraprophecy.com/latest-news.php?id=597
Last week Newsletter here - http://www.mahendraprophecy.com/userfiles/files/16-20_january_2012,_weekly_financial_newsletter.pdf
Thanks & God Bless
Sharma Mahendra
Monday, 4.30 PM Santa Barbara