Forecast for Stocks, Commodities and Futures

Operators are again making the squeeze in the market for the short sellers.Crude oil and Gold were looking subdued and many traders have taken near high the sell positions and waiting for the corrections in them as US data was considered positive for USD.But operators know well that the traders are short in the commodities during the drop.So  such emotional traders were given panicness by the quick rise in Crude oil and Gold for week end .Once the short covering is over,operators will lighten their positions by off loading their positions to avoid margin payments for the week end.

But emotional traders always act in a hurry.They see the chart or ask the technical analysts and in a hurry take all their sell positions as if the market obeys all the time the analysts calls.Now they tend to become more panic after some attributes released in media and other websites and do the short covering.If they know that the operators create the market sentiments and act against the traders then the traders will have the mind set to spread and diversify the risk to earn from any market conditions.

Crude oil and Gold are expected to slide towards close of the US session.watch and understand their cunningness.

Regards

Dr.Sivaraman

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