due to the hikes in interest rates, US markets are not getting that freedom to freely enter the market and make their positions. the hike is creating a fear among the people of not entering into the market, and keep on people selling their positions, making markets keep falling.
"A BULL RUN can only happen when all the news has been factored".
this explanation is also set for the INDIAN markets too. and people do have a good and fresh mindset to enter into the markets. when such a thing happens US markets will have a boom. and this will gonna be happening soon.
support lines are too mentioned. news is much factored in the indices, if by a chance nasdaq, broke the particular drawn supports to, then the next support will be forming around 10000, which is about 10% fall, but i dont feel now there is such more news aspects lefty to cover which will make the markets to fall with such a high number.
final words, do watch out for 200 MOVING AVERGE, because from past few weeks, this indicator is acting a very good support for nasdaq.
"A BULL RUN can only happen when all the news has been factored".
this explanation is also set for the INDIAN markets too. and people do have a good and fresh mindset to enter into the markets. when such a thing happens US markets will have a boom. and this will gonna be happening soon.
support lines are too mentioned. news is much factored in the indices, if by a chance nasdaq, broke the particular drawn supports to, then the next support will be forming around 10000, which is about 10% fall, but i dont feel now there is such more news aspects lefty to cover which will make the markets to fall with such a high number.
final words, do watch out for 200 MOVING AVERGE, because from past few weeks, this indicator is acting a very good support for nasdaq.
