Dear Members,
Below today's day trading letter, you can see most of prices achieved on both sides, so like if sold S&P at 3015 and you could able bought back at 2971 which just achieved. Also if you see prices falling below or rising above our ranges in the normal trading ranges then prices can move further in theat directions. Your job is to get out from trade once you made money as per day ranges get achieve. There will be days when prices will move one side, but remember to get out at prices we mentioned in the letter, rather than remaining on hope.
Letter comes out before the opening of Asian market, so you have whole day to take trades, and our mobile app will keep sending you alert on your phone once prices get achieve. We are offering special price for this subscriptions $199 and this offer will end on Sunday. This letter will work with your handset or tablet. You can also read on laptop but alert will be sent to your phone.
Enjoy today's letter...thanks & God Bless Mahendra Sharma
TUESDAY, 26 MAY 2020
Wednesday's daily trading strategy and ranges from metals, Indexes, energy, currencies
Dear Members,
Here are today's ranges and strategy for all major markets. Higher and lower ranges mentioned below here so act accordingly. Positive day means - Buy around lower side as prices may achieve higher side value. During predicted negative day - Selling is recommended on around higher side and you can cover shorts.
METALS
Wednesday astro combination recommendation – On Wednesday buying is recommended in precious metals around lower sides, sell base metals.
GOLD:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
1725 TO 1701
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
POSITIVE TREND |
Long Term |
: |
POSITIVE TREND |
|
SILVER:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
17.91 TO 17.35
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
POSITIVE TREND |
Long Term |
: |
BOTH SIDE MOVE |
|
COPPER:
|
(NEGATIVE TREND) SELL AND COVER SHORT AROUND LOWER SIDES |
RANGE |
: |
242.80 TO 238.90
|
Short Term |
: |
NEGATIVE TREND |
Medium Term |
: |
NEGATIVE TREND |
Long Term |
: |
BOTH SIDE MOVE |
|
PALLADIUM:
|
SELL OR HOLD SHORT POSITIONS FOR NEXT DAY |
RANGE |
: |
2018 TO 1951
|
Short Term |
: |
NEGATIVE TREND |
Medium Term |
: |
NEGATIVE TREND |
Long Term |
: |
NEGATIVE TREND |
|
PLATINUM:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
897.00 TO 860.00
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
BOTH SIDE MOVE |
Long Term |
: |
POSITIVE TREND |
|
INDEXES
Wednesday’s astro combination recommendation: On Wednesday mix trend indicating, trade in and out.
HANG SENG (CASH):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
23638 TO 22421
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
BOTH SIDE MOVE |
Long Term |
: |
BOTH SIDE MOVE |
|
NIKKEI 225:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
21569 TO 21081
|
Short Term |
: |
POSITIVE TREND |
|
NIFTY S&P (SPOT):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
9071 TO 8941
|
Short Term |
: |
BOTH SIDE MOVE |
|
CAC 40:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
|
DAX:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
|
EURO STOXX 50:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
|
FTSE:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
|
S&P 500:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
3015 TO 2971
|
Short Term |
: |
POSITIVE TREND |
Medium Term |
: |
BOTH SIDE MOVE |
Long Term |
: |
POSITIVE TREND |
|
NASDAQ:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
9521 TO 9331
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
POSITIVE TREND |
Long Term |
: |
POSITIVE TREND |
|
DOW 30:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
25218 TO 24821
|
Short Term |
: |
BOTH SIDE MOVE |
|
ENERGY
– On Wednesday we still recommend trade in and out.
CRUDE OIL:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
34.51 TO 32.81
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
BOTH SIDE MOVE |
Long Term |
: |
BOTH SIDE MOVE |
|
NATURAL GAS:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
1.83 TO 1.73
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
POSITIVE TREND |
Long Term |
: |
BOTH SIDE MOVE |
|
HEATING OIL:
|
RANGE |
: |
1.0688 TO 1.0001
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
BOTH SIDE MOVE |
Long Term |
: |
BOTH SIDE MOVE |
|
GASOLINE RBOB:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
1.0098 TO 0.9665
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
BOTH SIDE MOVE |
Long Term |
: |
BOTH SIDE MOVE |
|
CURRENCIES
Wednesday’s astro combination recommendation – Emerging market currencies performed well along with frontline currencies on Tuesday. Trade in and out in frontline currencies but hold long in emerging market currencies.
DOLLAR INDEX:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
99.41 TO 98.63
|
Short Term |
: |
BOTH SIDE MOVE |
|
AUSTRALIAN DOLLAR (AUD/USD):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
0.6698 TO 0.6630
|
Short Term |
: |
BOTH SIDE MOVE |
|
CANADIAN DOLLAR (CAD/USD):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
0.7293 TO 0.7226
|
Short Term |
: |
BOTH SIDE MOVE |
|
BRITISH POUND (GBP/USD):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
1.2434 TO 1.2268
|
Short Term |
: |
BOTH SIDE MOVE |
|
EURO (EUR/USD):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
1.1021 TO 1.0939
|
Short Term |
: |
BOTH SIDE MOVE |
|
JAPANESE YEN (JPY/USD):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
0.9321 TO 0.9268
|
Short Term |
: |
BOTH SIDE MOVE |
|
SWISS FRANC (USD/CHF):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
1.0398 TO 1.0333
|
Short Term |
: |
BOTH SIDE MOVE |
|
INDIAN RUPEE (USD/INR):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
75.80 TO 75.37
|
Short Term |
: |
BOTH SIDE MOVE |
|
MEXICAN PESO (USD/MXN):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
22.37 TO 22.06
|
Short Term |
: |
POSITIVE TREND |
Medium Term |
: |
POSITIVE TREND |
|
BRAZILIAN REAL(P) (USD/BRL):
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
05.39 TO 5.31
|
Short Term |
: |
POSITIVE TREND |
Medium Term |
: |
POSITIVE TREND |
|
US 30Y TREASURY BOND:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
179-21 TO 178-18
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
BOTH SIDE MOVE |
|
GRAINS
– Buy small positions in soy, corn and wheat around lower sides.
US CORN:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
322 TO 316
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
POSITIVE TREND |
|
US WHEAT:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
511 TO 501
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
POSITIVE TREND |
|
US SOYBEANS:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
853 TO 842
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
POSITIVE TREND |
|
US SOYBEAN MEAL:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
286.70 TO 282.00
|
Short Term |
: |
BOTH SIDE MOVE |
|
US SOYBEAN OIL:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
27.63 TO 27.05
|
Short Term |
: |
BOTH SIDE MOVE |
|
SOFT COMMODITIES
– Buy coffee, sugar and cocoa.
US COFFEE C:
|
BUY OR HOLD LONG POSITIONS FOR NEXT DAY |
RANGE |
: |
106.87 TO 104.31
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
POSITIVE TREND |
Long Term |
: |
POSITIVE TREND |
|
US COTTON #2:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
58.88 TO 57.43
|
Short Term |
: |
BOTH SIDE MOVE |
Medium Term |
: |
BOTH SIDE MOVE |
|
US COCOA:
|
MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
RANGE |
: |
2437 TO 2350
|
Short Term |
: |
POSITIVE TREND |
Medium Term |
: |
POSITIVE TREND |
|
US SUGAR #11:
|
BUY OR HOLD LONG POSITIONS FOR NEXT DAY |
RANGE |
: |
11.32 TO 10.81
|
Short Term |
: |
POSITIVE TREND |
Medium Term |
: |
POSITIVE TREND |
|