20 May 2020 (7:53 am IST)
19 May 2020 (10:23 pm EDT)
US stock markets had a negative overnight session and closed with a loss of 1%. Dow Jones lost 300 points in that session.
As a result, major Asian stock markets are trading mixed with positive and negative numbers. SGX Nifty is slightly positive, hinting at a flat opening for Indian stock markets.
US and European stock futures are positive, but the volatile trading pattern can change these numbers any time through the session.
World stock markets have been trading range bound for the past two weeks and now it seems, this week will also follow the same trading pattern.
For day trading, it would be better to focus support and resistance levels of your local markets and trade within those levels with minor up or down trend.