July 21, 2024 - Impact of Biden Drop Out in Stock Market


S&P500 closed at 5505.00 on Friday July 19, 2024. We had a decent sell off in the last days from Wednesday July 16, 2024.


click here to watch my predictions about US presidential election.


As I posted in YouTube, I could see the effects of Kela Yoga and Guru Mangal Yoga triggered correctly. As I predicted on June 02, 2024, this yoga has started giving fortune to Kamala Harris from July 13, 2024. If you have seen this, you can watch my video in YouTube or Instagram. We got the official news today (July 21, 2024) about Biden dropping out from the presidential race. This is a positive news for the short market but only for 2-3 days.

Rahu and Saturn plays a major role in manipulating the stock market. I could see the stocks are poised to rally like crazy before crashing. The chances are very high that the stock market will go up in the first 2-3 session that is between July 22, 2024 and July 24, 2024. But a late week sell is likely starting from Thursday July 25 or Friday July 26, 2024.

This week will form a perfect crash pattern, but crash will start only from the following week from July 29, 2024. Market is moving pretty much I have predicted in the last week.

Still I am counting on big crash one day of over 4% on July 31, 2024 or Aug 01, 2024.

Strangle Trading Strategy
Long Put Options for SPY expiring Sep 30, 2024 (70 - 80%)
Long Call Options for SPY expiring Aug 30, 2024 (30 - 20%)
Mercury going retrograde can spark sudden unexpected twists and turns. But you will see the effects of Mercury only from the week July 29, 2024.

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