Profit/Loss: US market Prediction - Intra day for June 29-trade 56

 

See the intra day chart and the predictions. No significant correction took place in afternoon trade.Total loss on a/c on two puts was $20.

 

Profit and loss on Kacing trading will be given later

 

 

 

Dow index at 86 points. although in previous posting no trade was recommended, based on market performance so far, we short 2 dow ( buy dow puts) and another 2 dow puts at limit of dow +120

 

stop loss of +40 points .protect profits if gain per lot is +40 points with trailing  stop loss of 15 points.

 

On Kachin a/c short positions may be created
 

 

Prediction as posted today

 

 

US markets almost flat in a choppy trade. No trade recommended today( however see the prediction)

 

US market may hit a high/peak before noon but slump in late afternoon. a bounceback is likely towards end of day. Overall choppiness may mark the markets today