Review: US market Prediction - Intra day for June 15 and trade no 47

As chart shows there was no bounceback of any significance as predicted . Details of trade will be given before US market opens today.

 

US market expected to open down based on futures market indcators.

 

Cards indicate however that market will bounceback and may be close to day's high by afternoon ( 1-2 pm approx). Late afternoon may see loss of gains again

 

Long positions in Diamond index fund created to benefit from intra day bounceback.

 

short positions in IBM and Alcoa created to offset losses from carryover of long positions and benefit from corrections.