- U.S Markets closed higher Yesterday.
- Dow futures are slightly higher right now
- Asian Markets are higher.
- SGX Nifty is close to 17300.
- Big Big gap up on cards today.
- Yesterday U.S Inflation numbers were announced.
- Expectation was 8.1% but they came at 8.2%
- Dow Futures fell 600 points as soon as this news broke out.
- As soon as U.S Markets opened this big gap down was bought into.
- Dow Jones recovered from -600 to +850 points.
- This is some rally.
- My sense is Markets may have factored in this negative by now
- Hence the Yesterday low of 3500 on S&P 500 should hold at least for a month now
- Markets bottom out much before the actual event.
- Also Markets factor in negative news much before the event as well
- This is the nature of stock market.
- One has to understand the Market language in order to make money
- Worst Inflation numbers of 40 years and still markets rallying.
- This is the beauty of stock market.
- Markets react differently in various situations.
- 17400-17500 is the resistance zone.
- Will look to build fresh once this gets broken.
- 17200 to 17500 is the range for Nifty now.
- Nifty might Trade between 17200 to 17500 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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