This is first alert on big reverse…Market will top-out today or tomorrow
Dear Members,
This is first alert on Market, today will be one of the best day to sell markets on the higher sides between now and 12 August 2017. We have been predicting that market to sharp sharply any time or around 72 hours after 12 of August. I am sure todays high of market may not see again or every after next Monday.
We still believe that S&P won’t close above 2483, Nasdaq 5998 and Russell 1455 level for the three days in the row. Market will top-out and may reverse late today or tomorrow.
Except FANG stocks rest of stocks are not able to perform after earning which is not good sign. Today USA market and globally market remained in bit positive trend. After FED meeting we saw sharp fall in USD and sharp rise in gold prices. Thirty Year bond also moved higher and rest of other commodities also gained value. Today FACEBOOK announced earning and it went $5.5 higher but I don’t trust FB growth story, this stock can fall like useless paper so be aware. Currently all stocks are moving higher in tech sector, it looks like that 2000 era is back. If market crashes then funds will lose big time because they are heavily invested big money with leverage bet. They think that this market will never fall but surprise is pending from market by October 29, 2017. I know at this stage it is hard to believe in what I am saying because it seems to everyone that I am off-track but you have to remember that I predicted major crash in market in period of July 12, to 29 October. Just 15 days went but another 93 days are still pending in predicted cycle so hold your bet tightly.
I am singing same song – One fine day markets will start falling from Asian trading sessions and market will close sharply lower in USA by 5 to 7% lower in one trading session and then everything could fall apart in few trading sessions. By October all major leading markets can easily fall 20 to 30% in few week time or by 29 October. Hold positions, hold your put options.
Thanks & God Bless
Mahendra Sharma