- U.S Markets closed lower yesterday.
- Asian markets are mostly mixed.
- Dow futures are flat right now.
- SGX Nifty is down 50-70 Points.
- Yesterday it was a volatile trading session in U.S Market.
- It was the Fed policy day.
- Fed as expected didn't give any surprises.
- It was expected that they would raise interest rates by 50 basis points.
- Fed did exactly the same.
- They increased rates by 50 basis points.
- Commentary relating to Inflation was also most important.
- This Commentary gives an idea as to what Fed thinks about the Economy.
- What all steps they might consider taking in future etc.
- FED according to me didn't sound much Hawkish relating to Inflation.
- The Commentary was on a slightly Dowish tone.
- Markets went all over the places.
- Finally settling lower.
- So all the events have been completed now.
- There are no planned events that remain for December series.
- India VIX is now at 52 week low.
- It has inched below 13.
- Nifty might trade between 18500 to 18800 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
Comments