Trade 107: prediction for week dec 1-5 US market

Weekly prediction for US market like Indian market is showing a mixed and volatile pattern.( US market yet to open today) with possibility of strong intra day correction towards end of week

 

US market is likely to recover from any correction at least till mid week with Nasdaq(1535 last friday closing)   likely to outperform Dow 30 (8829)

 

Trade 107: Buy maximium of  2 nasdaq call options , each at correction of  40 points.Positions to be protected/squared off before Thursday or if gain per lot is 30 points at least ( keep trailing loss of 6 points)

 

NOTE: December Month outlook Prediction for Indian( and perhaps US market) will appear later