- U.S Markets crashed yesterday.
- Right now Dow futures are slightly higher.
- SGX nifty is higher & trading at 15700.
- Asian markets are mixed.
- Yesterday as well there was a huge gap up.
- Today as well we are about to open lower.
- Yesterday as soon as Markets opened there was a recovery towards the later part of the day.
- Our market is reacting totally to the Macro news and events.
- Today we are set to have U.S GDP data in the evening.
- This will drive the further positioning of the traders.
- Yesterday during the Market hours Dow futures recovered
- European markets inched higher and then short covering began in our markets.
- Today's gap down would once again test the option sellers.
- Huge Open interest was added yesterday in put options.
- 15600 and 15700 PE were written aggressively.
- In this Kinda scenario it's better to keep as lighter positions as possible.
- As this gap up gap down is trapping the traders.
- Plus we have an event tonight.
- This Volatility in our markets is due to Volatility is U.S market.
- Dow was up 400 points at one point of time and then closed 400 points lower.
- Nifty might Trade between 15600 to 15900 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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