Dear Members,
Today is the Day, elections results started coming out and traders feeling anxiety. Monday and Tuesday globally markets moved sharply higher, metals also recovered as predicted.
Since last five days I have been in remote place of India so not able to write update but here todays update as it is most important day for global equity market and geo-politics. I am more focusing economy and Vaccine than elections outcome.
Few weeks back we stated that Vaccine will be come between 5-23 November and same predictions we are holding so finally world will have Vaccine.
Vaccine will be historic news than elections outcome as Mercury will take care of today’s volatility regardless whoever wins. We are not expected any huge swing in market like previous one. Thank god Mercury changing directions. Markets and metals will move in the predicted ranges in the todays Flashnews.
Don’t expect huge movement in market. In the next five weeks S&P is ready to move toward 3575 and 3800. European markets will struggle. Nifty will 100% higher side and Bank Nifty 3000 Point as mentioned in the last week letter.
Jupiter will change house on 20 November so Vaccine will be out before this date and that can push global markets higher by 10% so Vaccine is most important news than election outcome.
Stay long and take long in markets and metals around lower side. Metals may not have that much higher side in coming time but Gold held $1888 as predicted which is good news. Closing three days below this level could be bad news but we don’t see happening at this stage.
S&P held 3221 level which is great news and higher side 3443 is key one. Market closing above 3443 will invite bull market. Today on lower side 3301 will be key astro support so get ready to buy.
Market will take positive of nay outcome from USA so regardless whoever win market to move higher.
Dollar Index will be good buy.
Thanks & God Bless