Dear Members,
On Sunday we arrived back to Santa Barbara and very happy as I feel completely different here. In the last forty-days Mars cancer really played a strong resistance role for precious metals, specially for silver due to cancer house. Silver is represented by Cancer house and Mars in cancer damaged silver trend but remember that Mars getting out from Cancer will bring huge upward will come in gold, silver and platinum. Today will be great day to buy gold and silver. Buy call options in gold and silver, or you can buy etfs or physical positions in silver and gold.
Oil prices crashed as expected, and Tuesday we recommend covering short positions but no buying is recommended. Gas will move higher so buy more positions in gas.
Global market trend got damaged by the last three degrees Mars, Tuesday and Wednesday globally market will bottom out so start buying positions in market but our favorite will be NASDAQ and tech stocks.
Currencies lost value as predicted, watch dollar index astro resistance level of 93.48 level. Thirty year bond will be great sell on Tuesday.
I am happy and excited to see Mars moving our from cancer, and on late Wednesday Moon getting out from Scorpio. On Tuesday still trade light but surely one must but markets and metals around lower sides.
This is what we stated yesterday: Mars Close to 28 degree, Mars brought big volatility for markets and that shall end today.
Finally, Cancer Mars will be moving into the house of Leo on the 20th of July which will be a great relief sign. I have always witnessed that investors hardly make money whenever Mars moves from Cancer, and I am sure many of you must have struggled to make money during the last 40 days.
I don’t know how many of you are still holding BNTX and MRNA, because both these stocks were our top picks in the last one year and we kept recommending buying them and they both moved from $62, and $250 plus.
Long and short trades have done very well in Grains and our long coffee predictions have done well as well. Precious metals didn’t perform well especially after the 14th of June because gold, silver, and platinum prices came down.
Our lumber crash predictions have done well, and prices crashed from $1734 to $510, in the last two months. Prices are still trading limit down.
The global equity market has done very well, last week the developed world’s markets have not performed well. On the other hand, energy prices also traded as the rising trend of the USD was putting pressure.
From Wednesday an interesting time is starting for the global market, commodities, and currencies.
Dollar closing above 92.95 will be a bullish sign for currencies. Sell most of the frontline currencies now.
Thirty Year bond should be in your aggressive selling list from today.
Note form this weeks weekly newsletter on CRYPTO CURRENCIES
As predicted Bitcoin and Crypto lost big value during the last week. We recommended first sell at $61225, then $57775 and after that below $48888 with target of $32225 and mentioned that bitcoin closing below $31888 for the three days will open the door for $21788 level so be aware.
Crypto is in bear market and will remain in the bear trend so don’t buy and don’t invest your hard earn money there.
I hold bitcoin at $56775 to see whether my theory is right or wrong and as always our theory didn’t disappointed.
Monday to Wednesday weakness will continue in Crypto but Thursday and Friday recovery will come.
Thanks & God Bless
Mahendra Sharma