The American stock market went through a very considerable fall. S&P500 made a low of 2450 in the previous session. Indices are now in an oversold position which indicates possible recovery due to Mercury-Jupiter conjunction. If this planetary condition works out then the closing may be bullish. Next week shall be supportive of the American market but due to the holiday season, it’ll be difficult to gauge the uptrend.
Crude oil Feb contract made a low of 45.66. If it doesn’t breach 45 then recovery is possible. On 23rd, Mars will move to Pisces which may drive uptrend in oil till the year-end.
Bullion shall continue to be supportive till the year-end.
USD/INR’s bottom has either already been made or will be made today. In January 2019, we are expecting strong bounce back in the value of USD against INR.
Important Update about Annual Letter 2019: From 26 December 2018, the pre-order price will be $180 / 13,700 INR.
Current Price of Annual Letter 2019 (until 25 December 2018)
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