Weekly Newsletter from 12 – 16 February 2018
Active traders can make some quicks bucks if they keep their eyes wide open…
Dear Members,
An interesting time in the financial market has started because volatility is back in the markets so no more one side trend. If you read this year’s book carefully, then you will realize that during a few cycles this year the market will fall and then rise. Surely the current time is interesting, and many said that “Mahendra you should have held your bear market predictions -- many of us could have made a fortune in the last seven trading sessions.” Many also said that they are happy now with the advice and they feel more confident with me because oil, bond, metals, currencies and Indexes predictions are doing great. Yes, I would like to guide you very accurately on every move in this market from here onwards.
I would like to talk about something very important in this week’s newsletter but before I start this week’s weekly newsletter lets me put in a small part of Mondays Daily flash news:
On Friday USA market opened stable but then started going down hard. One-time Dow was down 1000 from opening and S&P tested 2550, we were watching and I knew this is game of Scorpio Moon so we sent out alert to “buy aggressive positions right now”. Within the few minutes markets turned about and started going up and closed right at the top.
Many emails popped in, saying thank you for your timely alert, few said that it looks like Mahendra you back strongly and many other nice comments finally started arriving. For me it was like drought sessions because frontline prediction of market going down from august 2017 put big shadow on my all other accurate predictions. Finally, thankful to nature for bring me back and this is encouraging sign. Most of predictions about oil, gas, grains, softs, metals, bond and markets started coming true on weekly basis since early this year.
Last week volatility continued in markets but looks like that worst is over and few more days volatility is still pending on any international geo-politics news during the Eclipse period other rest astro combinations are looks much settle from this week.
This week Solar eclipse will take place on Thursday, it is New Moon day. This Solar eclipse will seen from Australia and Antarctica.
On track:
Predictions about selling bond at 155-00 with target of 143-00 is almost achieved. Cover shorts around lower side level but no buying is recommended. We call predicted top in Bond prices at 172-00, since then selling is recommended.
After selling US Dollar Index at 103.00 level, we predicted it won’t fall below 88.21. So far US Dollar Index have been holding this level and will hold this level so keep accumulate USD index. British Pound is in our top selling list from 1.44 level with target of 1.3725 level first target. In our selling list other currencies are Franc, Euro and Australian dollar.
INDL is our top pick of 2018, last week when globally markets were trading very volatile but Indian market held value for stable.
On Friday oil briefly oil tested $58.00, very close to $57.88 level which was our second lower side target so selling recommendations in oil at $65.88 level done very well. Heating oil and RB Gas also collapsed. On other hand natural gas tested $2.61 level from $3.15 as predicted and we are recommending covering shorts. Energy stocks collapsed, and ERX tested $27.77 level from $44.24 level as predicted. I am sure most of you must have got out from most of shorts in oil, keep 20% short positions in energy. As I said, I can’t ask more than this accuracy from wave of nature.
Gold struggling to close above $1344 and $1357 level, on lower side we it will hold $1298 level.
Base metals started trading lower. Copper came down from $332 to $303 level, and Palladium prices came down from $1139 to $948 level very quickly in the last three weeks.
UVXY tested $34, our recommendations of book profit or closing positions around higher side done well.
Let me start this week newsletter here, and important market is India - INDL:
Last week twice S&P and most of the indexes tested lows and bounced back. For the first time, the market made a multi-month low on Monday’s electronic sessions after close and then bounced back on Tuesday as predicted. On Friday once again, USA market went sharply lower and then again bounced back. In the first cycle of this week we predicted that on the higher side S&P could achieve 2848 level which it did, and in fact, it tested 2895 level and then collapsed towards 2532 level last week. It was a 350 points swing in the market.
We all know that the USA market is an engine for the global markets - whatever direction USA goes, the rest of world follows. But something new will start here because there is one market which can start moving differently without following the USA market and that is India.
The Indian and USA market have had some news coincide together on the same day. On 8 November 2016 President Trump won elections, and the Indian PM announced demonetization. The market tanked and then started recovering from that day. On 1 February 2018 the Indian finance minister announced the budget, and it failed to cheer investors so the market tanked and on other hand in USA Amazon, Google, MSFT announced earnings which were good but the market reacted negative. Both these countries market bottomed out on 8 November 2016 and topped out on 1st February 2018.
Our “2018 Financial Predictions” book clearly favors the Indian market. We also have been constantly recommending buying INDL to our international investors. Many are not convinced with our call because Indian investors are losing faith in the Modi government especially the finance minister who has been not able to do any magic so far.
I still remember March 2003 when I predicted bottom in all major global markets. India was in our favorite buying list when Nifty was at 980 level. In the same time, we predicted the next Congress government coming in power which surprised many but it happened. In 2007 we recommended to get out from all long positions in Indian and the international market because we saw a crash. Also, we predicted closing all long in Rupee and selling Rupee. Later, we predicted Dollar going towards 68.00 from 41.00 level and that also happened. In short, I would like to say that our accuracy level is very high with the Indian market, Indian politics and Rupee prediction. I left India 28 years back but I still monitor the situations closely and when I was reading this year’s astro chart, I was surprised because the astro chart is showing amazing combinations and these combinations are telling me that the Indian market is ready for a historic run.
If I am not mistaken in reading the astro chart then I see NIFTY gaining 25% this year and bank Nifty 20%. INDL Indian ETF may gain 60% minimum. Surely Rupee will gain handsomely against Euro and Pound. I highly recommend focusing on the Indian market, Indian etf and ADR’s. Last week on Friday INDL gained almost 8%.
Indian market will not only outperform most of the global markets, but it will outperform USA market also so don’t follow USA market to trade India, as it will adopt its own path. Since the last six years I have been writing a daily Indian report for Indian investors so local traders in India should watch Indian stocks closely. Don’t short Indian market. It is time to buy, start buying from Monday and buy some aggressive positions in INDL as it is our top pick of 2018.
I will talk about the USA market in the below Index sections so read carefully because globally markets have turned very volatile and suddenly key frontline USA stocks have started moving sharply lower. Many are calling a top in the market. I was predicting a fall in market last year, but in 2018 the market won’t fall like this. There is no doubt that USA market will fall drastically and once it will fall, then S&P will only stop at 1555 level but before that it may retest 2848, 2975, 3200 level or even higher. The Market can hold here but it will be out of fuel in late 2018 or in 2019. Read our book carefully.
Our book is great source which will able to guide buyer about 2018 outlook. It will take you in to future and will guide you what will going to happen in 2018 in every area of financial market and every region of world. Book is must buy, don’t judge book by few days volatility, just focus on what is hidden in 2018. Our book “2018 Financial Predictions” is great handbook, cost is just $1.00 for day. Those who are still thinking about buying the “2018 Financial Predictions” can order by clicking here or on the order page of our website:
https://www.mahendraprophecy.com/2018-financial-predictions-book.php
Here is this week newsletter from 12-16 February 2018
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Thanks & God Bless
Mahendra Sharma