Review: US market prediction - Intra day for August 18

1. Market rose to highest point or close to it by afternoon. However there was no sharp pullback.

 

Profits on long Trade created yesterday is approx $ 40,000

Profits from shorting approx $ 3,000

 

1. Pls note that in yesterday commodity predictions, 7/8 strategies for the four predictions would have been profitable, sole exception probbaly being shorting sugar futures in afternoon

 

2. No commodity prediction will be posted today (see weekly predictions below)

 

3. Intra day for indian stock market may be posted if market is not unusually choppy

 

US Prediction as posted on aug 18

US market may reach the day's high point by afternoon. However there is a possibility of sharp pullback/correction in late afternoon in a volatile day.

 

Long positions may be created on weak opening  and short in afternoon .