World Stock Markets Today: Intraday Trend Turns Negative on Brexit Worries

13 March 2019 (9:13 am IST)

12 March 2019 (11:43 pm EST)

U.S. stock markets closed mixed on their technical signals. Dow Jones closed with a loss of nearly 100 points near its weekly resistance, which confirms its technical trend.

Negative developments related to a Brexit deal have increased pressure on world stock markets and the intraday trend has turned negative.

At the time of writing, all major Asian stock markets are trading in the red. U.S. and European stock futures are trading negative and Indian stock markets have turned choppy near their previous close.

Expect world stock markets to trade with choppiness and within last month’s trading range. Day traders can focus on their local trend and trade within major support and resistance levels.

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