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Alerts:
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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Market, metals and oil trading as predicted..here alert after FED decision..

Dear Members,

FED just announced rate decisions as widely expected. We don’t see much positive impact on Financial stocks, market will struggle. Market trading both side without any clear directions but NASDAQ and Russell is trading bit negative. Don’t touch these Indexes, stay away from high flying tech stocks including ADBE, FB, NFLX, NVDA and many more. Sell NASDAQ if it moves toward 5745, S&P 2437 and S&P 1421.

Metals traded lower as predicted in yesterday’s daily Flashnews and weekly newsletter. Don’t touch metal at this stage, gold may test $1260 to $1243 level soon. Stay away from base metals. Stay long in DUST.

OIL traded as predicted and tested $44.55 level our predicted target, closing below $44.55 could take oil toward $39.88. Wait for todays flashnews before you makde decision. At this stage cover shorts in oil at $44.55 level.

Stay long in UVXY. Add more put options but remember or wait for last week newsletter of June and First week of July.

Currencies traded both sides. Higher side in USD is limited, pound bounced an will keep remain in positive directions next week.

Thirty Year bond traded both sides, stay sideline.

Thanks & God Bless

 

Mahendra Sharma 

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