Wednesday’s Daily Flashnews (Unedited copy)
Sharp fall took place in Nasdaq (tech and biotech) and S&P
Bitcoin prediction
Dear Members,
On Tuesday, most of the global markets traded negatively, and the USA market went down sharply lower once the Health bill was pushed after the 4th of July. S&P failed to remain above 2437, NASDAQ above 5848, AND Russell 1416; all these selling recommended levels have done very well. On Monday, most of the indexes tested these levels, and since then, the market has been trading negative. Wait for 7 July and selling higher side on daily basis or covering at lows shall be strategy for the short term till 7 July so follow daily flash news closely.
Commodities remained firm on Tuesday as predicted, but gold was not able to put any great performance on the weaker market trend. Gold was not able to move higher on weakness USD and weakness of market which was bit surprising.
Thirty Year bond and Dollar Index collapsed sharply as expected. Dollar Index tested the 96.00 our predicted level of lower side which is very crucial; if dollar closes below this level for three days, then USD may just collapse non-stop and may take euro toward 1.20.
In the last few days many of our website visitors are requesting some discount offer on subscriptions as market conditions are very crucial and they want to remain in touch with our oncoming predictions(I don't think serious trader or subscriber need a discount). Every year we announce a discount offer in the last week of every August, and this year we will also be announcing special discount offer on most subscriptions in the end of August, so wait for that. In the mean time on your requests we decided to offer a small discount of 25% from now on all subscriptions. I hope our predictions will help you make the right decision in the market, and surely when this kind of time comes once in many decades. Stay in touch with our predictions for the next three months.
Yes, market conditions may turn ugly as predicted; if our predictions come true, then many will do amazingly well. I am here to help you make money. If I am right and if you make money then don’t forget to share your profits with needy (this is the same topic I was talking about with one of my personal clients today).
On Tuesday, a positive astro day, the market went down which is the worst news for the buyer and great news for the bear. The time is coming of dark clouds where investors, banks, and financial institutions will regret why they didn’t book profits: they were not following Mahendraprophecy’s astro predictions. I am confident about the oncoming fall, but still nervous that many of you who believe in my work so much… that failing my predictions could put huge dent in my theory.
Bitcoin should be avoided at this stage. From next week, we will add Bitcoin in our weekly newsletter. GBTC is now active etfs which trade in USA exchange. Yesterday closes 10% lower at $391.80. At this stage, we are not recommending any buying in it but surely in future coming time we may recommended. I will complete my astro study on bit coin by this week end. Now will release short term trading strategy in bitcoin on daily and weekly outlook.
UVXY trading gained value as expected as it is in our buying list.
On the other hand, Biotech and tech come under heavy selling pressure and still we recommend staying away from tech and biotech.
Energy stocks are acted well on Tuesday, one must cover all shorts on Wednesday.
Today Fed chair Yellen said that in our life time financial crises won’t come, which is non-sense statement. I respect Yellen and any elderly person but they shouldn’t be making these kinds of statement. In 2007 when we warn about of financial market meltdown and crash in market due to failure of few banks and no one wanted to acknowledge this predict. Why FED remained blind why FED didn’t warn about meltdown! There is word call “Nature” and it has power to bring anything down, and that’s why we always recommending follow “wave of nature OR astro cycles” outlook closely because this theory can guide you about DARK PERIOD.
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Here are the trading strategies and ranges for Wednesday:
GOLD/SILVER/BASE METALS
On Tuesday metals traded as predicted. On Wednesday
Wednesday’s trading range: (September 2017 contract):
GOLD:
SILVER:
COPPER:
PALLADIUM:
PLATINUM:
INDEXES
This is what we started yesterday: Friday, most of the markets traded mixed to negative. The USA market remained or traded on the higher sides. Emerging market and European markets are struggling but many fund managers keep recommending building long positions in emerging and European markets and we don’t recommend that.
Trading in and out is recommended, but selling around the higher side is highly recommended in most of the markets. Keep adding put options. Stay away from emerging markets like South Africa, India, Brazil and Russia.
Sell tech, biotech and retailers. NASDAQ will top around 5848 to 5878 level, so start building up positions around this level, S&P 2437 and Russell 1416 level.
Stay long in UVXY. Stay away from ERX.
Small sell is recommended in European markets but don’t sell emerging markets during this week.
Start building up selling positions in AMZN, GOOGLE, NFLX, NVDA, APPLE, FB, ADBE on any further side from here.
HONG KONG (cash) –
NIKKEI –
NIFTY S&P (Spot) –
Singapore Straits (Spot) –
CAC –
DAX –
DEX EURO STOXX –
FTSE –
FTSE/JSE (Cash) –
S&P e-mini –
NASDAQ 100 e-mini –
DOW e-mini –
RUSSELL e-mini –
VIX (Cash)-
TREASURY BOND
On Tuesday bond prices sharply lower as predicted…
On Monday, we are recommending buying small positions in TMV, TBT and TTT.
TREASURY BOND –
SOFT COMMODITIES
On Wednesday…
COFFEE:
SUGAR:
COTTON:
GRAINS
On Wednesday…
day’s trading range (September 2017 contracts):
CORN:
WHEAT:
SOY:
SOY MEAL:
SOY OIL:
ENERGY
On Tuesday energy traded as predicted, on Wednesday…
(August 2017 contracts):
OIL:
NATURAL GAS:
HEATING OIL:
RB GAS:
CURRENCIES
On Tuesday dollar crashed, it tested 96.00 level…
DOLLAR INDEX –
AUSTRALIAN DOLLAR –
CANADIAN DOLLAR –
BRITISH POUND –
EURO –
JAPANESE YEN –
SWISS FRANC –
RUPEE –
RAND –
Thanks & God Bless, Mahendra Sharma
27 June 2017, 3.00 PM, Santa Barbara