Dear Friends,
Here is part of late Thursday’s flashnews, meditation time has come for investors because fortune can made.
HUGE CRASH IN COMMODITY AND ALSO STCOKS
Dear Members,
In this week newsletter we clearly mentioned that huge movement in commodity market is on the way any time after 19 June but we will predict dates of corrections in the next week newsletter. This correction will be huge and prices will fall without much rebound so watch your trades carefully. I am ready to start writing next week newsletter in the next few hours so wait for early newsletter this week. This fall will be in…………….. it will be huge.
Today, any rise should be taken selling opportunity in gold, silver and platinum. Avoid zinc, aluminum, copper and palladium. Our higher side target for this week’s target for gold was $1214.80 and silver $18.42 and whole this week gold/silver unable to substance these higher prices so they will come down to lower side predicted price which is $1188 and silver $17.72.
We expected rise in oil from Monday to Wednesday and it did move up, but we expected higher side $76.90 and it went above that. Any way today any rise should be taken selling opportunity. Sell natural gas, RB gas and heating oil.
This is what we mentioned about oil in this week newsletter “OIL
Last week oil remained very volatile. Traders are very confused in oil but we are not. We see oil moving down toward $55. This week oil prices will remain sideways but from next week on huge fall will come so take a selling opportunity on Tuesday or Wednesday if this week and carry forward to next week. Those who don’t want to take risk and sell oil on next Monday. This week higher side oil will reach up to $76.90 and lower side $74.10. Best advice take initial short positions and add more during next week.
Heating oil and RB Gas will remain sideways or weaker so sell both of these energy futures from Tuesday.
Natural gas went down sharply. This week natural gas will remain more positive so take a buying opportunity on any on Monday or Tuesday. Trading range will be $4.42 to $4.78.
For ETF trading, this week on Friday take positions in DTO.”
Grains remained very positive, I highly recommend booking some profit in grains. Soft commodities will remain sideways. Get ready to get in lumber and rice.
Stock market fall is very near but don’t expect huge fall, yes market will move down slowly around 10 to 15% in the next six weeks before it start historic bull market.
Dollar trend has disappointed us very badly, I never expected dollar to fall below 84.00 but it made lows of 82.55. I am shocked because one side I see historic bull market for dollar and currently it is falling non-stop. This week commodities and side currencies remained weak as predicted but Euro and Pound has damaged dollar trend as they moved sharply. I don’t know at this stage that how many days it will take before dollar start new journey but surely I can say “you are getting dollar trade for free as soon it will move to three digit and bear trend can’t last more than five days”.
Sell Swiss Franc, Pound and commodity currencies.
NOTE: From next week I will start writing updates every day. Get ready for most interesting time of trading in commodities from….
Thanks & God Bless
Mahendra Sharma, Thursday 11.50 PM New York time