Second week of April Coronavirus fear will go away from system…Great day to buy market on lower sides…
Dear Members,
Monday was negative and Tuesday was positive, both these days markets traded as predicted in the weekly newsletter/Flashnews. Wednesday, we expected market to trade down but today is the day when we recommended buying on weakness on Wednesday. We expected market to rebound in the late hours on Wednesday and Thursday will be positive days so weaker opening on Thursday also shall be buying opportunity.
On Wednesday I recommend traders to buy Indexes, stocks and quality stocks on weakness and only if you can hold for the sometime. Astro combinations are still don’t see S&P remaining below 2388 level for the three days, so I am recommending same.
Emerging market currencies will move huge upside.
Avoid commodities, oil started trading below $27.71 level, it wont close below $27.71 for the three days but if it does then it will be worst news. Avoid base metals, also stay away from precious metals.
Final note: Great time to buy stocks and Indexes on Wednesday on lower sides, Thursday and Friday market will act far better. Also, you need to remember that 23rd March our second negative cycle is ending so that will be end of bear market cycle. March is changing house on 22nd March, and Jupiter changing on 29th March which is very important for market and Coronavirus. Basically, we are close to bottom regardless whatever happens to Coronavirus. Don’t put too much attentions what is happening today then you will able to make great amount of money in the next one month.
By the first week or second week of April we may see Coronavirus fear will completely go away as number will dramatically change.
Thanks & God Bless
Mahendra Sharma
Wednesday morning, 1.07 AM Santa Barbara time