13 April, 2021 (8:22 am IST)
12 April, 2021 (10:52 pm EDT)
World stock markets are trading under pressure this week. The broader trend is still range bound but today, regional markets are showing different trends on local factors.
At this hour, US stock markets are trading with thin gains, ready to tumble below the red line at any time. On the other hand, all major Asian stock markets are trading positive after yesterday’s negative trend. SGX Nifty is less than 50 points up, after yesterday’s big crash. This thin margin shows that Indian stock markets may open with small gains but the selling pressure will stay intact in those markets.
How To Day Trade Today:
- World stock markets follow the trend in US stock markets.
- Major US stock indexes had a small but negative closing in their overnight session and US stock futures are trading with weakness in the Asia session today.
- Day traders should stay cautious considering these volatile and uncertain trend situations and better look for short selling opportunities near resistance levels.
World stock markets are trading with a mostly positive trend in Asia, but US stock futures are in a weak position. This may change the global trend in the later half of this session and world stock markets may see more selling pressure.