Wednesday’s Daily Flash News (Unedited)
Markets and commodities’ trends will remain uncertain as predicted in the weekly newsletter…Trump indicted, and Fitch downgraded the US from AAA to +AA
Dear Members,
On Tuesday markets traded mixed without any clear directions. After the market hour, AMD announced earnings and earnings came negative but stocks traded higher as predicted.
Out of our recommended stocks, AMSC went 60% higher on Tuesday. We have been recommending buying a few small-price stocks like AMSC, UPST, IONQ, and PLTR, all these stocks went sharply higher in the last few months. UPST went higher by more than 400% and IONQ by 300%.
On Tuesday after market news of Trump's Indicted on the 6th Jan 2021 case and Fitch downgraded the US from AAA to AA+ which is not that great news and pushed futures sharply lower. Now first important Astro support point is at the 4531 and 15531 levels so take a buy around these levels with stop-loss.
On Tuesday metals lost value as predicted, as Tuesday was not a supportive astro day, and an uncertain trend may continue on Wednesday.
Currencies lost value against USD, stay away from any buying in the frontline currencies as predicted.
It looks like Energy prices topped out as predicted on Tuesday, higher side selling pressure will start now.
Grains still traded mixed to a bit negative, but soft held value.
Thirty Year bond lost value, but what a great buying opportunity.
This is what we have been saying for the last five months: If S&P closes above 4178 and NASDAQ 13278, then we may see 4588 and 15788 levels. For the last six months, I have been saying: We believe that S&P won’t trade below 3903 and NASDAQ 11711 in 2023.
Subscribe to read complete individual sections predictions of Wednesday with daily trading ranges of metals, indexes, currencies, energy, grains, soft & Bonds.
https://www.mahendraprophecy.com/flash-news-subscription.php
Thanks & God Bless
Mahendra Sharma.