- U.S Markets closed lower yesterday.
- Right now , Dow Futures are lower.
- SGX Nifty is down 100-150 points
- 100-150 point gap up / gap down has become a normal routine now
- Markets now have become highly volatile.
- Yesterday as I predicted the range from 16950 to 17250 held throughout the day.
- In between this range , market kept swinging violently.
- U.S VIX shot up above 34 Yesterday.
- U.S Markets have now broken Russia Ukraine war lows decisively.
- This has become a sell on rally market now.
- All the rallies are being sold into vigorously.
- Currency problem is further accentuating the fall.
- Since November 2021 , markets haven't gone anywhere.
- Infact as of now they have become negative for the year.
- Only positive for our markets are we are outperforming the Global markets.
- We are very very far away from War lows.
- Which gives me fear that we might fall heavily when selling begins.
- 16800 to 17000 is the range now.
- Once 16800 gets taken out there would be heavy selling and 16500 will open up.
- Nifty might Trade between 16700 to 17000 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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