Review: World Markets this week-Prediction for May 25-29
As can be seen from the three weekly charts for the three world markst,(Japan Germany & India- US prediction was not given), charts conform quiet well to the predicted weekly trend/ strategies
Weekly prediction as Posted on May 25
Pls adjust the correction/bounceback dates if any of the markets have less than 5 trading days this weekJapanese Stock markets(Nikkie 225): Short Nikkie 225 index ( now up 85 points in morning) once it cross +200 points. This is likely to become profitable by mid week.However any correction on Tuesday should be treated as opportunity to take long position for 1-2 daysDax Index(germany): short index on positive values of index as market may see see a strong correction by/before Wednesday before a bounceback towards end of weekSensex-Nifty : Mixed trend. sensex after a strong (300-400) point correction may see upward trend. Hence take long position after correction materializes by/before mid weekUS market prediction may be given later.Sensex-Intra day May 25: Buy call options after any sharp dip or correction before 11.30 am.