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Global Stock Indices Since January 2020 we had been clearly saying that the uptrend is a bull-trap and a crash was overdue. We had mentioned that this would be a repeat of 2008 and S&P500 could drop down to 2850. S&P500 made a high of 3397 and crashed by 12% in the previous week. There […]

A quick recovery is possible in global equities by Monday/Tuesday.

Global Stock Indices In the previous session, the stock market went through a sharp selloff owing to coronavirus. S&P500 breached our stop-loss of 3220 and fell further. It made a low of 3118 while DOW made a low of 27000. Today, a sharp recovery is anticipated in equity. With S/L of 3110, long S&P500 or

In the previous session, global markets witnessed a selloff. S&P500 made a low of 3219. We covered short position in S&P500 around 3225-3230 along with other indices. DOW made a low of 27894 while NASDAQ made a low of 9067 and RUSSELL made a low of 1624. It is advised to make 50% long position

Global Stock Indices In the previous session, S&P500 closed at 3388. It has resistance at 3400. Today, profit booking may be observed in the American market. Around 3360-3350, book 50% profit in short position. We asked you to long TESLA around 765 and 855. It made a high of 936 in the previous session and