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Intra day Prediction of US markets August 4

|Includes: SPDR Dow Jones Industrial Average ETF (DIA), QQQ, SPY

Dow Index up 27 points after nearly half an hour of morning trade.

 

US market is likely to peak between 1-2 pm and again in closing hour when last 2 hours may get more volatile

 

1. Buy index call options now & if dow hits 0 in next hour for profit of about 70 points by late afternoon

2. Index can be shorted by buying puts or writing calls with stop loss between 1-2 pm .Levels may be indicated later

 

 

 

These predictions will also appear on www.seekingalpha.com (user name ckaldotin) and in shorter form at twitter.com/sujatkamal

 

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