Dear Members,
Right now, NASDAQ is down more than 3%, S&P is down more than 2%, and the same is true for small caps. Some members just emailed, asking me what level markets will hold, some asked how much on the lower sides.
From here onward, I will recommend buying stocks on weakness, focusing on NAIL and AGQ, which are short—to—medium—term. Indeed, tech is an excellent buy, and we still see the most fantastic Airavath era (powerful nonstop upward trend) in the four to five years.
In the short term, the maximum downside from here is only 2% now, which means S&P doesn’t go below 5618 and the NASDAQ 19628 level, these are my most crucial astro support levels (If S&P and NASDAQ closes below these level for three days then I will be very nervous until third cycle). Historically, our significant astro support levels have never failed us in the last 35 years, and I am sure they won’t fail us at this stage.
Keep your cash ready for a go-all-in at this stage. If these corrections come, and those who are not worried about two percent corrections, then they must start buying from here onward.
The sun is changing next Friday, so some of the volatility will pass, but we have to remember that the market will remain uncertain and both sides will swing until April 2025. I am sure most of you have our book, so I don’t need to remind you about this.
Hold long in Bitcoin, Silver, and get ready to buy the dollar if it falls 1.5% more from here.
Cocoa and coffee topped out like Orange Juice.
Thanks & God Bless
Mahendra Sharma