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Today's Trade & News

Small part of Wednesdays daily Flashnews...energy and metals looks negative and lithium stocks are in aggressive mood...

Dear Members,

Just like every year, we are once again announcing a special offer of 25% extra time on your subscription. If you subscribe for a one-year service, you will get 3 months extra for a total of 15 months’ worth of services. Three months of service will give you an extra 23 days. This offer is valid for all major subscriptions except for personal clients and corporate clients as we are not accepting any new personal and corporate clients.  

A small part of today’s flash news:

Dear Members,    

On Tuesday, a sharp correction in the market surprised us, but we expected the markets to form a bottom for the next two weeks before they start their historic bull market journey. Both S&P and NASDAQ are coming closer to our buying levels. S&P reversed from 4337 as predicted. Buy below 4001, and may not close below 3955 for three days.

We also mentioned that we don’t see S&P going below  3955. It’s not far away from this level, so it’s a great time to acquire long positions in the market today or if S&P goes closer to this level. NASDAQ is getting ready for a 23% rally in a short period, so it’s a great time to bet on stocks. Surely some volatility will continue until 15 September before this market ready for one side rally.

Metals are trading lower as predicted. However, stay away from any buying in metals. Stay away from mining stocks.

Energy prices came down sharply lower on Tuesday as expected. Selling is recommended on the higher side as oil is ready to test $78.78 very soon; this level is to be watched closely. If oil starts trading below this level, then we may see another 20% fall very quickly, so I warn energy traders.  

Grains and Softs witnessed profit-booking. Stay sidelined.

Currencies traded negatively. Watch the dollar Index at its Astro resistance level of 109.15. Today is a great day to buy many currencies. It’s time to buy Euro, Pound, and Australian dollar. We predicted the dollar to top out around the 31st of August 2022, so watch this prediction closely.

Once again the Thirty Year Bond came down as predicted from 144. It is now time to bet on the TYB as it is getting ready for a rally.

Our special offer is for a limited time only, so take advantage of it before the offer ends. Next week’s offer will come out next year, around the end of August:

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Thanks & God Bless

Mahendra Sharma