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Today's Trade & News

Fridays flash - Commodities, currencies, stocks and Indexes...

 

Dear Friends,

Here below is Fridays Flashnews, I am you will enjoy it.

Dear Members,

Thursday apart of metals everything else traded mix. Let’s see what will be Friday’s trading range for all major markets.  


GOLD/SILVER 

Gold and silver moved up Thursday. Our Astro indicators are not that positive for all commodities but metals positivity is overruling negativity and this is encouraging sign. We recommend buying or covering metal short around lower predicted range if you have any or middle of next week.

If, I am you then I will buy silver not gold, you have short in gold then hold it and hedge gold short position by buying silver.

Here is Friday’s trading range:

GOLD - $1767.70 TO $1745.30

SILVER - $34.48 TO $33.68

Note – Our medium and longer term view is very bullish on metals (silver) and indexes. We will start recommend buying as soon as we see negative wave ending so wait for our buying call. This week Wednesday, Thursday, Fridays and Next week Monday still looks negative.

 

COPPER/PLATINUM/PALLADIUM

Our outlook on copper remain negative so don’t buy copper, one can sell copper to hedge you buying in precious metals. Thursdays platinum and palladium gained as predicted, they will remain positive on Friday as well.

Friday’s trading range for base metals:

COPPER - $382.10 TO $374.30

PALLADIUM - $718 TO $703

PLATINUM – $1648 TO $1627

 

STOCK MARKET

Here is Friday’s trading range for indexes: Book profit in all indexes at higher levels. Don’t short as historic bull market is on the way, buy S&P around 1312 or any weakness. Must hold call options of 1600, as S&P can reach 1600 by year end and in the next three year 3200. Friday markets should achieve shorter term top.

Few Indian stocks we liked very much, should give huge returns in coming days. Buy TATA Global, TATA Coffee, Jubiant Food & Suzlon.

AUSTRALIAN – 4248 to 4217 (sell at higher range)

NIKKEI – 8893 TO 8852

NIFTY – 5309 TO 5247

HONG KONG - 20718 TO 20542

CAC – 3401 TO 3347

DAX - 6712 TO 6571

FTSE – 5783 TO 5702

S&P – 1329.75 TO 1313.25

NASDAQ – 2507 TO 2471

RUSSELL – 815 TO 801

DOW – 12727 TO 12600

 

COFFEE/COTTON

Coffee made new low of 210.90, I highly recommend buy coffee today next week outlook looks bit positive for coffee but rest of soft commodities you should avoid.

Friday’s trading range:

COFFEE - $213.20 TO $218.10

COTTON - $92.88 TO 95.66

COCOA - $2252 TO $2201

SUGAR - $23.65 TO $23.27

ORNAGE JUICE - $206.95 TO $198.90

 

TREASURY BOND

Friday thirty year bond prices will gain again so buy at lower predicted price. Friday’s trading range: 145-17 to 144-05

 

GRAINS

Thursday grains traded as predicted, our day trading range fulfilled almost 98% accurately. Friday’s grains will remain sideways so trade in and out in the predicted range as below.

CORN - $650 TO $637

SOY - $1227 TO $1211.5

SOY OIL - $51.47 TO $50.69

WHEAT - $675.25 TO $660.50

RICE – 13.51 TO $13.77

 

ENERGY

This is what we mentioned is yesterdays flash. In this week weekly newsletter we clearly mentioned that Thursday will be turn around day for natural gas so buy natural gas on weakness of below mentioned predicted day low or after inventory.  Oil prices to trade in both side directions so get in and out.

Our Thursdays’ natural gas and oil predictions call came very accurately. Trade in and out in both of these as per predicted range.

Here is Friday’s trading range:

OIL – $97.69 TO $95.12

Natural Gas – $2.63 TO $2.45

 

CURRENCIES

Stay with dollar, add more dollar at this stage, as I said it will going to blow up side any time.

Here is Friday’s trading range:

DOLLAR INDEX – 78.81 to 79.44 (buy at lower levels without fail)

EURO – 1.3208 to 1.3071 (sell at higher levels, we see huge range gap)

AUSTRALIAN DOLLAR – 1.0709 to 1.0588 (sell at higher level as huge gap)

CANADIAN DOLLAR – 1.0029 to 0.9953

BRITISH POUND – 1.5857 to 1.5712

JAPANESE YEN – 1.3150 to 1.3100

SWISS FRANC – 1.0959 to 1.0851 (sell at higher level)

RUPPEE – 48.78 to 49.15

RAND – 7.71 to 07.55

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Today’s best trade:

1.     BUY DOLLAR - Today great time to trade in currencies, so take advantage of selling currencies at higher levels.

2.     Sell Oil at higher levels.

3.     Book profit in Indexes at higher levels

 

Thanks & God Bless

Mahendra Sharma

Thursday, Santa Barbara 4.30 PM

Great deal for everyone:

 

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After buying book “2012 Financial Predictions” you have to register on website and create username and password and we will add one month flash news in your account for free.

 

Thanks

Jacks for

www.mahendraprophecy.com