Wednesday, July 15, 2009

Review: US market Prediction - Intra day for july 14, trade 62

As seen in the intra day chart, the prediction was broadly correct though a deeper correction was expected. However limit price of short orders was not met. hence no profit or loss


 
Prediction as posted for Juky 14- 90 mts before amrket opened
 
 

US market as per biz cues is expected to open in positive( to open after 90 mts)
 
However we take contrarian view based on Tarot  card reading that market may see  a peak formation in early part of the day and then  loose gains by /before afternoon. Limited indication of bounceback towards end  of day but not completely so.
 
hence Diamond index funds shorted at limit prices with profit to be deemed booked or protected after profit of $1 is made per share

 
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