S&P is expected to start to collapse by 05th May 2019

A severe decline is expected to start in S&P (along with other major global stock indices like Nikkei,Dow Jones, Sensex & Nasdaq) by 5th May. 2019. Simultaneously a spike up is expected in VIX which may start as early as from late hours of 24th April,2019 (As per Newyork local time). During this expected global market collapse two Indian stocks & one NYSE stock are more prone to decline – stock ICICI Bank & Stock Dish TV and stock Apple respectively. S&P June future is trading now @2910 & i wont be surprised if it fall as low as 2713 (Minimum downside target for S&P June future is 2780). Stop loss for all short position should be 2988 day closing basis , risk takers may start shorting s&p june future as early as @2924-2934 with above stop. Please read the disclaimer carefully. Best wishes

By | 2022-10-31T09:53:05+00:00 April 21st, 2019|News|
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