Dear Members,
Markets are trying to hold around most important level of 2971 and 2995, this week Friday profit booking recommended.
Now most important event could place in world is USA/China tensions. In our 2020 Financial Prophecies book we mentioned in the fourth cycle that “USA/China” tensions will rise between 5 May to 15 June 2020, this tension could create fall in market so be aware about this prediction. Some issues with China and Europe will also come up. If you see that problem with China is rising, then you should cash in all chips because then market could correct around 7 to 10%.
On other metals are rising, gold is in our buying list so stay long in gold. Stay away from base metals from tomorrow. Silver may get some support from gold. Gold can test all time high. I think next week will be most interesting one so remain alert and read our weekly newsletter carefully.
Stay away from grains and softs.
Emerging market currencies moving higher non-stop, stay long and book some profit next week.
Oil has been moving higher as predicted, our important top side price level have been achieved. Now time to book profit, late today or tomorrow.
Buy some positions in INO, QDEL, GNBT, and TBIO.
Thanks & God Bless
Mahendra Sharma