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Today's Trade & News

Trump is ready to become the 47th President, so it's a great time to make some short-term trades in the next 72 hours…

 

Dear Members,

It is very close to a declaration that Trump will become the 47th President of the USA. He won in a big way, and it is a coincidence that he won twice against female candidates. He lost against Biden in 2020. I never had Kamala’s Astro chart due to the time of birth, but America must wait a little longer for a woman President.

Though I have never voted in any election, my personal views were not with Trump. I wish him great success, and let's hope he takes America to new heights. Let's make some money as we always focus on the market and trades so plan your trade according:  

1.     As our Weekly Newsletter and Daily Flashnews mentioned, the market performed very well on Tuesday. We also noted that the market would perform very well on Wednesday, and so far, the market is up big on the news of Trump winning the elections. However, we mentioned in our Weekly Newsletter that you should book profit on Wednesday as we will see new heights for stocks and indexes; keep this in mind. Watch our predicted higher side levels because we are in a volatile cycle, and a sharp swing will take place in the market in the coming time.

2.     Currencies are sharply lower when I write this letter, as traders are worried about Europe if Trump withdraws financial support to Ukraine to fight the war against Russia. I am not concerned that much, so if the dollar goes to 105.59, that will be the profit booking level in the US Dollar Index, as mentioned in the Weekly Newsletter. It will be a great time to buy currencies from Thursday onward. Take a long today before the USA market gets closed.

3.     Metals are losing value, and I do not recommend buying them; one should remain a short-term trader in metals. Metals struggled to close above our predicted Astro resistance levels, which confirmed that selling pressure would continue in metals around the higher sides.

4.     The Thirty-Year Bond will be a great buy today and tomorrow, as I don’t see it remaining below 116-00; it’s a great time to make money.

5.     Bitcoin started trading higher. If it closes above $73888 for three to five days, then Bitcoin can test $109000.

Thanks & God Bless

Mahendra Sharma