For Cricket loving nation, there cannot be any better day than yesterday to start with hopes, stay with hopes end with the dreams.
Ten in a row is not any mean achievement, more so when entering into the knockout stage. The dreams of billions, held with a base of ten, pushed lognormally. This will be itched in the memory of all the sports lovers. Such is the power of the 11 Men (plus), simply put as XI.
Chinese Premier XI and US meeting is assuming some significance, though markets are not focussing on this part yet. Is it typical before the elections some positive environment, Trump days China was a trade point, all one had to do then was do the opposite of what press reports.
US PPI also comes negative, Correlation between M2 and inflation is all over, ability of the corporations to incrementally print profits is what is now looked at. Time Men and Boys are separated, Enter the knockout stage.
Trade Deficit prints one of the largest and is continually on the descendent, so any noise of USD softness overseas, won't be felt here, too many to handle for the mint street.
Lots of FED speakers interesting to see what each one interprets, sure the confusion all around, Dot Plot is anywhere and hay where.
Markets closed almost near the highs, yesterday gap around the 19550 is the new support while this holds focus is on the upside. For the day, some profit taking some rotation, is in order. 19600-19750 with 30 odd points on either side. Rise first correct later or correct first rise later.
Ten in a row is not any mean achievement, more so when entering into the knockout stage. The dreams of billions, held with a base of ten, pushed lognormally. This will be itched in the memory of all the sports lovers. Such is the power of the 11 Men (plus), simply put as XI.
Chinese Premier XI and US meeting is assuming some significance, though markets are not focussing on this part yet. Is it typical before the elections some positive environment, Trump days China was a trade point, all one had to do then was do the opposite of what press reports.
US PPI also comes negative, Correlation between M2 and inflation is all over, ability of the corporations to incrementally print profits is what is now looked at. Time Men and Boys are separated, Enter the knockout stage.
Trade Deficit prints one of the largest and is continually on the descendent, so any noise of USD softness overseas, won't be felt here, too many to handle for the mint street.
Lots of FED speakers interesting to see what each one interprets, sure the confusion all around, Dot Plot is anywhere and hay where.
Markets closed almost near the highs, yesterday gap around the 19550 is the new support while this holds focus is on the upside. For the day, some profit taking some rotation, is in order. 19600-19750 with 30 odd points on either side. Rise first correct later or correct first rise later.
TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.