Saturday, August 29, 2009

Re: Intra day Prediction for US market- aug 28

See the intra day chart and prediction posted on aug 28 below.
short positions order on Kaching account did not get executed due to price limits hence no profit  or loss.
 
Review of weekly Commodity prediction will be posted later

 
Prediction as posted on Aug 28
 
 

US market in correction mode -up only 12 points after a reasonable positive opening.
 
Intra day predictions for US market reveals a correction in morning as also in afternoon. But index will be generally move up after any corrections and may surge up towards closing hour.
 
Buy index when down -40- or -75 points today.
 
Index can also be shorted if it peaks in afternoon.
 
Long position built in line with monthly trend predictions. short positions may be created today

 
[Valid Atom 1.0]