General

Global Stock Indices Today, US market shall continue to trade downward. S&P500 may drop down to 2820-2800. It is advised to book full profit in short position there (along with DOW, NASDAQ, RUSSELL) and enter into 50% long position with S/L 2778. Book 50% profit in DAX at CMP (12090). Book 50% profit in HANG […]

GLOBAL STOCK INDICES Markets traded as per our prediction. China has hiked the tariff on US products in response to the US action and hence, the trade war persists as mentioned in last week’s newsletter. For now, we have covered short position in DOW, NASDAQ, RUSSELL and S&P500. S&P500 made a low of 2800. In

GLOBAL STOCK INDICES In the last daily newsletter, it was mentioned that markets would open lower on Monday. S&P500 closed at 2878 on Friday and today, a low of 2853 has been made. Market shall be bearish for today and tomorrow. It can drop down to 2825-2820. It has major support at 2800 which if

In the previous week’s newsletter, it was mentioned that the trade war between the US and China would continue. Yesterday, Trump has threatened additional tariff on Chinese goods worth $200 billion and may extend the scope later. Here onwards, global slow down starts. This may continue till June 2019. In this time frame, S&P500 May

Global Stock Indices American markets closed negative in the previous session. S&P500, DOW, and NASDAQ made lows of 2917, 26361 and 7778 respectively. Today as well, weakness is possible. Japan will remain closed from 27th April to 3rd May 2019. Chinese markets will remain closed from 1st May to 3rd May 2019. On 30th April,