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Today's Trade & News

Flashnews of Thursdays day trading range for commodities, currencies & Indexes...

Dear Friends,

Here is Thursdays trading range for all major markets, Wall-Street as well as international investors have rated our flashnews services "one the best day trading financial letter". Currently we are having over 90% accuracy and all thanks goes to wave of nature and astro cycles. Make money but help most needy people around you. Thanks & God Bless, Mahendra Sharma

Dear Members,

Flashnews of Day trading strategy for Thursday, 1 March 2012

I already mentioned today in mid-day update regarding buy metals, oil and S&P on weakness as next week onward huge upside move will come. I don’t see much down side from here onward in gold, silver, oil and S&P. Yes as mentioned in this week newsletter, Wednesday, Thursday and until mid Friday all markets will remain bit uncertain and volatile toward weaker side.

Thursday’s trading range for metals:

GOLD: $1693.9 to $1728.90

SILVER: $34.23 TO $35.82

COPPER: $382.6 TO $392.8

PALLADIUM: $695 TO $712

PLATINUM: $1702 TO $1675

 

Wednesday all soft will remain in trading weaker but orange juice moved up as predicted even thou all commodities were trading weaker. Thursday also Juice will move up.

Here is Thursday’s trading range: May contracts

COFFEE: $200.90 TO $204.50

COTTON: $91.15 TO $89.12

COCOA: $2366 TO $2312

SUGAR: $25.25 TO $24.83

ORNAGE JUICE:  $189.20 TO $185.20

 

As expected some profit booking came in market, I highly recommend buying today on lower side and keep more cash to add more on Friday as well as next week looks very bullish as per wave of nature theory. Our target is still on for S&P reaching 1407 and Nasdaq 2718 by mid March 2012.

Here is Indexes range for Thursday’s trading ranges:

AUSTRALIAN – 4301 to 4245

NIKKEI – 9900 TO 9750

NIFTY India – 5330 TO 5408 (Spot)

HONG KONG - 21701 TO 21452

CAC – 3471 TO 3439

DAX - 6921 TO 6823

FTSE – 5883 TO 5828

S&P – 1352.75 TO 1372.25

NASDAQ – 2643 TO 2611

RUSSELL – 823 TO 803

DOW – 13009 TO 12901

 

Yesterday we mentioned to hold trade in grains, and soy made multi month high even though hold you trades or you can buy more today as powerful wave is indicating by Astro cycle. Here is day trading range for Thursday’s:

CORN: $651.5 TO $665 Buy

WHEAT: $659.75 TO $675.5 Buy

RICE: $14.57 TO $14.30

SOY: $1335 TO $1305

SOY MEAL: $356 TO $350

SOY OIL: 55.01 TO $54.45

 

Today one should buy oil before closing and keep some cash on side to buy on Friday as well. Thursday’s trading range for energy April contracts:

OIL: $108.08 to $105.77

NATURAL GAS: $2.68 to $2.56

TREASURY BOND – 143-19 TO 142-11

 

Trade in and out in currencies. Thursday’s trading range is here:

DOLLAR INDEX – 79.03 to 78.60

EURO – 1.3383 to 1.3262

AUSTRALIAN DOLLAR – 1.0748 to 1.0671

CANADIAN DOLLAR – 1.0131 to 1.0063

BRITISH POUND – 1.5963 to 1.5829

JAPANESE YEN – 1.2278 to 1.2361

SWISS FRANC – 1.1117 to 1.1029

RUPPEE – 49.02 to 49.29

RAND – 7.45 to 7.53


Thanks & God Bless

Mahendra Sharma,

Wednesday 3.50 PM, 29 February 2012, Santa Barbara