- U.S Markets closed lower yesterday.
- Asian markets are mostly lower.
- Dow futures are slightly higher right now.
- SGX Nifty is down 50 Points.
- Yesterday it was a surprise.
- As soon as Markets opened it started to go lower.
- Markets stabilized in between but ultimately it kept moving lower.
- Nifty after coming close to 18500 spent lots of time near that zone.
- It tried to recover and settle.
- Global markets turned negative meanwhile.
- Dow futures kept crashing down.
- Also it was expiry so due to expiry related issues things aggrevate.
- 18500 PE had the highest open interest and as soon as this was taken out there was a one way fall.
- Generally the reaction of the event is given on the day of the event by the markets.
- Here it's not the case.
- U.S Markets have reacted to the Fed event yesterday.
- Still I feel yesterday it was some over reaction by our Markets.
- We should settle down and start to go higher.
- India VIX moved higher by 7% yesterday.
- Nifty might trade between 18300 to 18600 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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