11 April 2019 (9:20 am EDT)
U.S. stock futures are again trading with tepid gains and it could lead to another narrowly rangebound and choppy session in U.S. stock markets today.
European stock markets are also trading mixed and choppy, following their individual technical levels and signals.
This week’s trading range has been very narrow in U.S. stock indexes and last week’s high and low levels are still holding their places.
We can expect a similar intraday trading pattern in these markets that have dominated this week. That is a technical trend where different indexes will follow their own technical signals.
To know the broader intraday trading range, day traders can take help of daily pivot levels given on our Pivot Trading page. These intraday levels are:
- Pivot Levels for Dow Jones
- Pivot Levels for Nasdaq 100
- Pivot Levels for Russell 2000
- Pivot Levels for S& P 500
Expect a volatile and sideways trend in U.S. stock markets today. This week has been uneventful for these markets and as long as last week’s range levels are not broken, expect the same rangebound trading pattern in U.S. stocks that we have bee seeing this whole week.