Dear Members,
Currently, markets are trading negatively and most commodities are trading sharply lower which is a bit mixed sign for markets and a negative sign for commodities for the short term.
Wednesday we are expecting the market to close flat or a bit in the green but Thursday and Friday big move is expected so we are recommending buying S&P and NASDAQ. Right now S&P is trading around 4103 and NASDAQ 12851, TQQQ is around $26.00, and SOXL is at $13.77. As per our Astro cycle Thursday and Friday we see markets moving higher so today will be one of the best days to best on the market and etfs.
If the market closes negative on Thursday that will be the worst news for bull so let’s see what happens but we are still expecting markets to be sharply higher on Thursday and Friday. Buy call options so you can lock your risk.
Commodities may struggle until 9 May 2023, so get ready to acquire aggressive long in precious metals around the second week of May.
Dollars and currencies will perform a mix on both sides so remain short-term traders in currencies.
Must read this week's weekly newsletter. Wait for Thursday’s update.
Thanks & God Bless
Mahendra Sharma