Dear Members,
On Monday, the market traded positively and metals lost value as predicted. Gold and silver breach important Astro support level which means gold is heading toward $2255 and silver $26.11 levels. One can cover all short or buy small long positions in gold and silver. As predicted new era in gold and silver will only start once gold closes above $2448 and silver $30.11 for more than three days.
S&P, NASDAQ, Nikkei, India, Brazil, and European markets perfectly held lower side levels on Monday as predicted which is great news. We expected the market to trade higher from 22 April and it did move higher which is great news. S&P astro support level was 4925 and Nasdaq 17011 level. We also predicted SOXL won’t go below the $29.00 level, so it's a lifetime opportunity to buy SOXL.
Best trade: Buy GE, MSFT, Nifty, Bank Nifty, PDD, BIDU and SOXL. Watch our daily earning report recommendations in the daily stock report.
Also one must build an aggressive long in Thirty Year bond around 114-00 level.
Tuesday will remain a strong day for the market, next week metals will trade far better, but take longer once they come above the mentioned levels. Base metals will trade also negatively, stay away from any buying for a few days but some fireworks is pending in metals so read of weakly newsletter closely.
Thanks & God Bless
Mahendra Sharma