This update was posted last night on www.kal.in when dow was down 150 points and Nasdaq 38 points. ( Due to configuration of domain pointing for www.kal.in) all predictions will now be posted on www.ckal.in also.
Review of weekly prediction based strategy
6 put options of dow and nasdaq ( in total 12) were purchased based on weekly prediction of correction before/by thursday spread over 3 buying levels.
As seen in chart ( ignore Friday chart) on wednesday while these were marginally profitable , by thursday( with trading still on today but no intra day prediction) the position on 12 lots is heavily profitable in the approximate range of $3000 to $ 5000 ( this range is given because on monday while open values were flat for a infinitesmal second before indices shot up over 100 points/ 20 points)nasdaq).
weekly prediction- As posted on May 18
US stock market prediction -May 18-22
US market may see a mixed a pattern this week with significant correction by mid week ( before thursday closing)- end of week may see a bounceback.
Buy 2 dow and nasdaq puts each on flat or positive opening today and add up to 6 puts of each for every 70 point ( 15 point for nasdaq) rise in dow 30 index till tuesday.. ( This may become profitable even today-see intra day prediction above to be posted soon)
disclaimer: all risk to be borne by trader for using these predictions
US market may see a mixed a pattern this week with significant correction by mid week ( before thursday closing)- end of week may see a bounceback.
Buy 2 dow and nasdaq puts each on flat or positive opening today and add up to 6 puts of each for every 70 point ( 15 point for nasdaq) rise in dow 30 index till tuesday.. ( This may become profitable even today-see intra day prediction above to be posted soon)
disclaimer: all risk to be borne by trader for using these predictions
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