Review: US market Prediction - Intra day for july 8, trade 58

As seen in chart market has corrected after hitting a high of +60 points, with gains of $53,000 on first 100k shares.

 

Prediction as posted in opening minutes today

US index dow 30 up 24 points. US market( dow 30 index)  may follow no consistent direction but hit a low point in afternoon. Could rise towards end of the day.

 

Diamond index fund(ETF)  1 lacs shares shorted at $ 81.76 and another lot at limit price of $ 82.60. Profits to be protected after gain of $0.80 with traling limit of $ 0.15

 

 

Trade 57: profit of $23,000. However total portfolio is now up only 5.3% as we couldnot exit carrying stocks of Diamond index fund in a falling market over last 3-4 days