US Markets Today: Highly Volatile, Range Bound Session

28 June 2017 (9:17 AM EDT)

U.S. markets have turned considerably positive after staying lower through the session today.

European markets have also trimmed their losses. Nasdaq futures, that had opened in Asia with deep red numbers, are now more than 0.20% higher.

This volatility is expected to continue in U.S. markets after the opening bell and major indexes are expected to trade within previous session’s range.

So, the first trend- possibility for U.S. markets will be a range bound session, where major indexes may try to reverse their losses from last session.

The second possibility is, that markets resume their correction later in the day even after a positive opening.

So keep an eye on previous support and resistance levels and trade withing those levels with the short term trend.

Good luck, enjoy the session!

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