- U.S Markets closed lower Yesterday.
- Right now Dow futures are slightly lower.
- SGX nifty is indicating a very flat opening exactly near Yesterday's closing.
- Yesterday the most awaited Inflation numbers were announced.
- U.S Inflation sky rocketed to 9.1%.
- This is once again the highest Inflation number in last 41 Years.
- Because of the same U.S markets fell yesterday.
- According to me , I sense that the worst is already discounted in the Market.
- Yesterday in spite of such high Inflation number , U.S VIX fell
- Expect Inflation to cool down from next Quarter.
- Yesterday we closed below 16k.
- So the short tern trend stands negative.
- Market lacks momentum on either side
- Previously there would be 300 points movement evedyday in Nifty.
- Now the momentum has reduced.
- So do the option Premiums.
- Expect last 2 weeks of July expiry to be Volatile.
- FII's start to sell again.
- Bulls will be happy with a month of Consolidation on Major Indices
- Nifty might Trade between 15900 to 16100 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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