US market Prediction - Intra day for June 29-trade 56

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