Dear Members,
Last week Tuesday NASDAQ and S&P tested our higher side Astro resistance levels of 15171 and 4637 and after that, they reversed. At the time I am writing this alert S&P is trading at 4481 and NASDAQ at 14547 level. In the worst-case scenario S&P can test and NASDAQ 14441 level 4461 level so these are the maximum lower side at this stage. We still believe that by May 2022 market will hit all-time high so keep this in mind and plan your trade accordingly.
Today FED minutes will be released which may bring volatility, before the close of the day one should buy long positions in the market as Thursday USA market will turn around big.
Disclose: I will be putting money in SOXL today without fear between $33.00 to $28.00. Buying for the medium term with a target of $63 to $68 in the next three months.
We already mentioned between tomorrow and next week Mars, Mercury, North Node. South Node, Jupiter, and Sun will be changing house so there could be uncertainty in everything but I am keeping the medium-term picture in mind so I will be buying long positions in the market. This many planets never changed in one week’s time in history so this is also new for me and it will be a great learning experience as a student of this subject.
In our weekly newsletter, we predicted a weaker trend in commodity to start from Tuesday so stay sidelined but I am waiting very patiently to buy silver. I may send any time alert to acquire long in silver so wait for our alert in the next two weeks.
The US Dollar index will be a trading mix and will achieve the top today. Buy Pound and Euro on Thursday.
Thirty-Year bond lost big value as predicted, we are recommending cover all shorts between 147-00 to 143-00 levels.
We already predicted that the Covid era ends in Mid-April 2022 which may come true and we are predicting Russia will pull back or war will end in May 2022 so keep this in mind. Putin’s Astro chart is worst until November 2022, he will do many errors in this final year and Saturn says he will decide punishment.
Today after FED minutes one should start buying the market before the market closes. Also, avoid commodities like metals and energy markets will lose value, grains may hold value.
Buy SQM, PLUG, PYPL, SHOP, AMZN, GOOGL, and SOXL.
Lithium stocks moved sharply higher in the last two weeks, now they are taking some break but we shall add more long positions.
Thanks & God Bless
Mahendra Sharma