Small part from today's flashnews:
Here are the trading strategies and ranges for Tuesday:
INDEXES
On Monday markets traded mix, on higher side 2988 will be crucial level to cross. If Today market hold value that will be good news for investors.
Trading in and out will be best strategy. INDL and YINN will act positive. Soon ARGT will be great buy, on 27 October election is taking place in Argentina.
Most of global market may also act positive.
Financial and tech stocks moved higher in the European, Asian and USA market. Biotech stocks still struggling, in fact they are falling toward new lows which is very surprising.
Higher side profit booking is recommended. 2988 is the most crucial level, S&P must close above this level for five days. The next most important level is 3017.
I recommend booking profit on the higher side in European and USA market, but don’t short the market.
Regional banks are a great bet at this stage; buy regional banks ETFs like DPST, FINU and FAS.
Tuesday’s astro combination recommendation: On Monday higher side profit booking will come. Trade in and out.
Tuesday’s trading ranges: (December 2019 Contracts)
HONG KONG (cash) –26688 to 26400
NIFTY S&P (Spot) – 11370 TO 11271
NIKKEI – 22198 to 21831
CAC – 5648 TO 5586
DAX – 12595 TO 12368
FTSE – 7241 TO 7165
DEX EURO STOXX – 3563 – 3507
DOW e-mini – 26898 TO 26619
S&P e-mini – 2986.00 TO 2953.00
NASDAQ 100 e-mini – 7925 TO 7811
RUSSELL e-mini – 1521.00 TO 1500.00