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Ignore experts those saying negative for S&P as we see biggest bull market of all time is on the way...14 Dec 2011. Yen crash is coming..predicted in Oct 2012...Oil could fall toward $30 and dollar Index could rise 90.00 to 98.00..Predicted July 2014..India Nifty touched 7800 and next target is 9165 predicted Nov 2016.. S&P would start falling from 2407 level or bear market to start from 8 April 2017 predicted on 21 Feb 2017...Mahendra Sharma
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Small update on metals and markets: Emerging markets will move higher and base metals will lose value from USA trading sessions, watch gold $1263.80...

Dear Members,

On Monday markets traded mix, gold traded unchanged but base metals lost value as predicted. Energy prices gained, and USD gained against most of currencies specially against emerging market currencies and pound gained value as predicted. Yesterday we mentioned that base metals like Copper, Palladium, Zinc and Nickel could fall 3 to 5% lower this week and we are still holding this predictions. Gold and silver may trade negative in Tuesday so selling is recommended around higher levels here below mentioned in todays flashnews ranges. 

On Tuesday we see mix trading pattern in markets, and precious metals. Base metals will keep moving lower and oil may remain in positive directions. If markets closed negative then it could worst news for investors.

Soft traded mix on Monday and Tuesday trend will remain mix, hold positions in coffee and cotton if you have bought yesterday.

Grains moved in mixed zone on Monday except corn moved sharply higher. On Tuesday we see grains trading mix, but wheat and corn can still gain value.

Dollar will remain in mix zone but will gain against emerging market currencies. Rupee test 64.11 predicted level now Dollar may move toward 65.00 level but Rupee is our most favorite trade.

 

On Monday UVXY and VIX moved sharply higher. On Tuesday buy DUST aggressively. 

Thanks & God Bless

Mahendra Sharma 

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