- U.S Markets closed higher Yesterday.
- Yesterday he had the Fed event and it has gone as per expectations.
- Fed has increased rates by 25 basis points.
- Markets fell as soon as this news broke out
- But recovered all of its losses from the lowest point of the day .
- Nasdaq was up 3.7% yesterday.
- Most importantly, CBOE VIX crashed 10%.
- This is the biggest fall in VIX in last 2 months.
- Asian markets are higher.
- SGX Nifty indicating a gap up 300+ Points.
- This is another huge gap up after yesterday's one.
- Nifty in last 2 days has made a low of 16600 and now opening near 17300.
- This is a 700 point swing.
- There is no positive development from Russia-Ukraine front.
- No Positive outcome has emerged from the talks.
- Fed also indicated more rate hikes to come in coming months.
- I somehow feel SGX is over reacting today and we might get a dip close of 17100-17000 today.
- Expecting India VIX to also fall drastically today.
- Nifty might Trade between 17000-17300 today.
- stockmarketadvisory.in
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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