29 October 2019 (8:44 am EDT)
US Stock futures are indicating a subdued opening in US stock markets after yesterday’s rally. Major indexes are expected to open slightly lower, which will keep them within yesterday’s trading range.
After the opening bell, US stock markets may pick up their previous uptrend once again. In that situation, markets will continue to climb higher; major indexes may stay range-bound within the previous sessions trading range. Then we may see a slightly lower trend in US stock markets.
For day trading, use the pivot levels given on our Pivot Trading page. These levels are
- Pivot Levels for Dow Jones
- Pivot Levels for Nasdaq 100
- Pivot Levels for Russell 2000
- Pivot Levels for S& P 500
Today, Us stock markets are expected to take a breather after yesterday’s higher trade. The overall trend is strongly positive in these markets, as we wrote previously. However; the intraday trend may turn sideways and slightly volatile.