Today's Trade & News

S&P achieved our target of 3543 and Thursday and Friday will could be worst day for market, commodities and currencies because of New Moon....

Thursday, 15 October 2020

Dear Members,

In this week's newsletter we mentioned to remain careful because Friday is New Moon and I always get nervous on New Moon day so be aware about late Thursday and Friday. Don’t buy any positions in any market but surely take long in Covid-19 stocks like MRNA, BNTX and VIR. These are recommended taking some aggressive long. S&P may test 3378 that is crucial. S&P achieved our this week higher side predicted 3543 got achieved level yesterday.

Metals and the energy market may witness selling pressure so stay away, in our weekly Newsletter we predicted both these days are negative.

Dollar we see a strong rebound, stay long and sell most of currencies aggressively.

From here to elections many great short-term trading opportunities will come. Also next week tech earnings are starting so the earning game will be interesting, follow our daily and weekly newsletter carefully and we are approaching the historic time cycle so traders shall remain very alert.

Thanks & God Bless

Mahendra Sharma

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