- U.S Markets closed flat Yesterday.
- The closing was as flat as it can get.
- Dow futures are slightly higher right now.
- Asian markets are flat.
- SGX Nifty is +20 points.
- Today we are going to have a low volume trading session.
- As Monday is Independence day.
- Many market participants are off to a Vacation yesterday night.
- So expecting today to be at least 50% decrease in volumes than usual.
- Yesterday Market opened with a huge gap up & stayed flat throughout the day.
- India VIX fell 5% yesterday.
- This is the price action almost on an everyday basis now.
- Market opens either with a huge gap up or gap down.
- Stays flat throughout the day.
- From November to June Intraday traders were finding it easier to trade because of huge gaps.
- Now positional traders are making lots more money as Market is moving along a trend
- There are no sudden reversals nor news flow.
- So no strategy works always.
- Every strategy has its periods of underperformance and outperformance.
- You need to be sure about this before you enter trading.
- Do not skip your strategy and keep hopping onto a new one just because it hasn't worked for small periods.
- Nifty might Trade between 17600 to 17800 today.
- We might witness some profit booking in second half today.
- As people who have been long throughout the week have made good money.
- They would like to book profits anytime
- 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...
Comments