14 March 2019 (9:01 am IST)
13 March 2019 (11:32pm EST)
U.S. stock markets rallied again in their overnight session, continuing their weekly uptrend. Still, it was a mixed trend for major stock indexes, as S&P 500 and Dow Jones stayed within last month’s range while Nasdaq broke out of its own monthly range.
World stock markets are also trading in a mixed manner today. U.S. stock markets have paused after last session’s rally and trading with mildly negative numbers.
European futures are negative. But major Asian stock markers are trading positive, expect China where markets are slightly negative. SGX Nifty is flat, waiting for Indian stock markets to open and decide on an intraday trend.
Expect a mixed trend in global stocks. The technical trend continues in world stock markets as different markets trade within their yearly range and trade up and down within that range.
Day traders should follow the technical signals of their local index and trade with the short term trend.