Edition: 848 4 April 2013 Thursday s Flash news Dear Members, Wednesday finally commodities (metals and energy) crashed and US stock market also performed negatively. Many were waiting for this day and finally it arrived with big bang. We highly recommend staying away from commodities and stock markets as uncertainty will continue. Currency market traded sideways on Wednesday, also grains and soft commodities remained in the tight range. Oil and RB Gas went down sharply around 3%, but our most favorite coffee went up more than 2%. Treasury bond traded weaker as predicted. Treasury bonds traded positive with Yen. Most surprising dollar indexes remain very quiet. This is what we mentioned yesterday: Metals are trading horribly as predicted and we don t recommend to buy any positions. Markets are trading positive almost 18 negative days are over, now only 12 negative days are pending so stay away from any buying. Commodities in general are trading weaker, we don t recommend any investment in commodities at this stage. RB gas crash sharply on Tuesday which is clear indications that oil will fall sharply in coming day. Here are the trading ranges and strategies for Thursday: METALS We are not changing our views on metals but if gold close below $1539 then gold will go in to horrific cycle and may fall 10 to 15% more. Metals fell have falling sharply as predicted and we can keep falling so trade carefully. This is what we mentioned yesterday: We are concern around precious metals at this stage, so please stay away from any buying (don t buy even around our predicted low because in weaker trend predicted lows should be used to just cover short positions) metals. It looks like gold is heading toward $1539 and silver $26.19 at this stage. This is what we mentioned yesterday and we still hold same predictions: In this week newsletter we mentioned that maximum gold has strength of going toward $1618 in month of April and if it closes below $1588 then we may see $1565 and $1539 by this week-end. Silver will follow gold or will fall more than gold. Sell on any rise in precious metals. Here is Thursday s range: (April/May 2013 contract): GOLD: $1565.10 to $1539.00 SILVER: $27.05 TO $26.51 COPPER: $335.30 TO $329.90 PALLADIUM: $759.00 TO $747.20 PLATINUM: $1553.80 TO $1530.10 Copyright 2012. All Rights Reserved Page 2
SOFT COMMODITIES We are not changing any view for soft commodities, avoid most of soft commodities, but keep adding position in Coffee. Coffee and wheat did amazingly well or outperformed on Wednesday s whitewash of commodities, buy more coffee today around predicted lows. Thursday trading range: (May 2013 Contract) COFFEE: $141.20 TO $137.50 COTTON: $89.88 TO $88.30 COCOA: $2160 TO $2138 SUGAR: $17.65 TO $17.33 ORANGE JUICE: $141.25 TO $136.05 INDEXES Markets fell as predicted, more weakness is pending so don t buy any positions in any markets. Sell on predicted higher range on daily basis will be good strategy until 15 April 2013. European and Asian markets will fall in late trading sessions today and tomorrow so trade carefully. This is what we mentioned yesterday: Our astro indicators are turning negative for markets from late today so you must have some selling position in USA and European markets. Asian and European markets can fall big in the next 72 hours so trade carefully. Keep adding positions in FNMA, FMCC, here what we stated. Thursday s trading range (June 2013 Contract): AUSTRALIAN (Cash) 4975 to 4930 NIKKEI 12350 TO 12097 NIFTY S&P (Spot) 5687 to 5638 SINGAP0RE (cash) 3314 TO 3290 HONG KONG (cash) 22339 to 22111 CAC 3675 TO 3603 (Cash 3750 to 3701) DAX 7909 TO 7771 Copyright 2012. All Rights Reserved Page 3
DEX EURO STOXX 2587.75-2538 FTSE 6388 TO 6317 S&P 1557.75 TO 1537.75 NASDAQ 2803.75 TO 2865.25 RUSSELL 926.20 TO 909.10 DOW 14535 TO 14379 GRAINS Trade in and out in grains without taking any core positions. Thursday s trading range (May 2013 contracts): CORN: $648.75 TO $630.50 WHEAT: $708.50 TO $684.25 SOY: $1387.75 TO $1368.75 SOY MEAL: $400.80 TO $395.10 SOY OIL: $49.48 TO $48.75 RICE: $15.75 TO 15.55 ENERGY RB Gas crash big on again on Wednesday, we don t recommend any buying in RB gas. Oil also went down big on Wednesday and we still see more weakness coming on the way. Heating oil and Natural also went down, and both of these energy products will trade negative. Oil will see oil finding small support at $92.88, once it start trading below $92.88 then $81.90 target can be achieved easily. Here what we mentioned yesterday: RB Gas crashed big on Tuesday and this clearly indicates that big fall in oil, heating and RB gas is on the way. Sell on any rise in energy should be strategy in oil. We still believe that OIL, RB GAS, and heating oil made high on Monday, this is what we mentioned yesterday: We have always noticed that oil tops out on the Scorpio Moon. We recommend selling oil, heating and RB gas on Monday around the higher side predicted range. Copyright 2012. All Rights Reserved Page 4
Natural gas will also trade on both sides. Thursday s trading range (all May contracts): OIL: $95.43 to $93.39 NATURAL GAS: $3.96 to $3.82 HEATING OIL: $3.0250 TO $2.9800 RB GAS: $2.9595 TO $2.8930 TREASURY BOND Buying recommendations in Thirty year Treasury bond is doing well, we strongly recommend holding position in it. Add more on any weakness. Thursday s trading range (June contract): TREASURY BOND 145-32 TO 144-23 CURRENCIES Wednesday all major currencies traded mix; same trading pattern will remain on Thursday. Emerging market currencies traded mix and they will trade weaker on Thursday. Trade in and out in Pound, Euro, Franc and dollar as per below mentioned here ranges. Yen did well on Wednesday and continuously will do well. Thursday s trading range: (June contract) DOLLAR INDEX 83.19 to 82.60 AUSTRALIAN DOLLAR 1.0428 to 1.0350 CANADIAN DOLLAR 0.9852 to 0.9805 BRITISH POUND 1.5169 to 1.5057 EURO 1.2898 to 1.2795 JAPANESE YEN 1.0825 to 1.0712 SWISS FRANC 1.0628 to 1.0511 Copyright 2012. All Rights Reserved Page 5
RUPPEE 54.59 to 54.35 (Spot) RAND 9.25 to 9.12 (Spot) Best trade for Thursday (We are holding same predictions of yesterday): Stay long in Japanese Yen and add more positions fearlessly around the down-sides around 1.0655. Coffee did well yesterday as predicted; we still recommend buying coffee around lower range They fell sharply as predicted yesterday here: Avoid metal, energy as they can fall sharply Add more FMCC, FNMA One of our Indian members sent us a nice note: On Wed, Apr 3, 2013 at 10:42 AM, Bhupinder Sachdev <kitc_india@yahoo.com> wrote: Sir i want to thank u and applaud for u, for your truly amazing, accurate and magical predictions. U saved me from huge losses this week. How amazingly accurate was today's prediction. Gold went down, India market crashed in last 1 hour, crude went down, copper was down. I mean I don t have words to thank u enough. Earlier i thought ur services were a bit expensive, but i have realized that they are worth every penny i have spent. Thank u once again, may god bless u. Keep up the good work. Bhupinder sachdev. Thanks & God Bless. Mahendra Sharma 3 April 2013, Wednesday 6.30 PM, Santa Barbara Reading daily range: When we predict a weaker trend it means prices can break lower side and they can trade below predicted lows. (You can cover short but don t buy extra at lower levels until our indicators give buy signal). When we predict a positive trend, means daily price can break upside and they can trade higher than predicted price (you can book profit but don t short that market). Copyrights: We have just updated the copyrights of our work on, under the USA and under international laws. There will be heavy penalties and legal charges against individuals, groups or firms who are copying, editing or forwarding our work in any form without authorized permission. Members or Subscribers of mahendraprophecy.com should do their own research and due diligence before investing in any of recommendations. Investing in stocks, futures and options is very speculative and carries a high amount of risk. Subscriber may lose money trading and investing in such investment. http:///disclaimer.php http:///privacy-policy.php Copyright 2012. All Rights Reserved Page 6