12 September 2017 (7:37 AM IST)
11 September 2017 (10:07 PM EDT)
Global markets are showing signs of a mixed session after Monday’s `marathon rally across various markets.
Being range bound, that rally has left little room for major indexes to move further. As a result, U.S. stock futures are now trading with little gains and European futures are trading marginally negative. Asia markets are also mixed. SGX Nifty had opened high but since then, this futures index has been trading range bound and refusing to advance ahead.
Expect global markets to face resistance at their current levels. Big indexes of U.S. and European markets have come close to their range tops and this may make them turn down and become volatile.
Watch the range levels of your local index and trade within those levels with the short term trend.
Good luck, enjoy the session!