The FED meeting will decide the short-term move in everything…
On Tuesday, the US market traded sharply lower as volatility dominated as expected. A far better time is coming to buy stocks, so don’t destroy your cash in volatile trading. Most of the global markets acted very well; Chinese stocks soared, and the Indian market also bounced back as predicted. European markets closed in green.
On the other hand, precious and base metals acted far better on mixed astro days. Gold started trading above $3000, silver is close to $35.00, and copper once again tested $500. The buying recommendations in metals futures, mining stocks, and metals options trade have done well.
Oil prices have gained value, and stability is coming in the oil market. Energy stocks are stabilizing.
The US Dollar Index has lost further value, and the USD may test our predicted lower side levels before it rebounds. March contracts are expiring soon.
Grains and softs traded mixed, and the Thirty-Year bond remained in a mixed directions.
Everyone is waiting for the Fed's decisions. Though most market experts know that the Fed won’t cut rates, everyone is ready to hear what the Fed chair says.
As per the astro cycle, I expect the FED to change its tone dramatically on the dovish side, which may help markets in the short term. The FED tone will help metals and the market.
We must remember that markets will be in a volatile cycle for the next few weeks, as our book states.
Today, Scorpio Moon will start around the market opening hours, and it can bring sharp up-and-down moves and a volatile trading pattern, so the best strategy will be to buy on any sharp weakness and sell on any sharp rise in the market.
If Bitcoin reaches $72111, it will be a lifetime buying opportunity.
FED meeting and your actions:
We recommend getting ready to buy aggressive long positions if the market moves down after 11:00 AM PST on FED rate decisions, which will be unchanged in FED rate policy. You will have 30 minutes to buy, as after that, the market will rise in the press conference, so start buying a small cap; TNA is a great bet. Tech and other indexes will also rise, but small-cap may outperform. If everything goes well, then we may see a 5% rally in the small-cap Index Russell 2000 in the next three days.
I expect a minimum of three rate cuts in 2025. If today were not Scorpio Moon, I would have predicted a 25-basis rate cut. Anyway, I predict the FED Chairman will indicate a rate cut in the next meeting, though he will keep options open on trade, Tariff, and data. This Scorpio Moon can be very negative for bears because a few other astro combinations may support the Moon to play a role against bears. Usually, the Scorpio Moon is always harmful to a bull.
Gold and silver will perform far better in staying long in precious metals. Keep strict stop-losses at $2975 and $33.95. If metals close below these levels for three days, then a short-term peak will be achieved. I still hope Gold achieves the $3268 level and silver the $41.28 level.
The USD will reach the bottom today and start accumulating around the lower side of today or on weakness.
Stay sideline in grains and softs. Buy a thirty-year bond around the lower side.
I will update you again if things don’t go as predicted because of the Scorpio Moon.
Thanks & God Bless
Mahendra Sharma