Morning Briefing Global Stocks

$DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN

Commentary: Stocks look Bullish. PE

DJIA at 25283.00, -0.05% was quiet Monday. There is room for a move to 25400-25600 before a dip or consolidation is seen. Overall, DJIA looks Bullish to me.

DAX at 13367.78, +0.36% closed below resistance at 13400, while that holds, DAX could pause awhile before making a move higher. Failure to pause now could drive it to 13600-13800 in the next 2 of weeks.

Nikkei at 23843.70, +0.54% dip at resistance. Weekly resistance is seen and 24000 and that could be tested before a correction.

Shanghai at 3412.37, +0.08% is moving North and could test 3450. Near term looks Bullish to me.

Nifty at 10623.60, +0.61% may face rejection from 10750-10800 which could push it back towards 10400, while Sensex at 34352.79, +0.58% is likely to come off from 34500-34650, while trading above 34200.

Stay tuned…

  #bounce, #Bullish, #DAX, #DIA, #levels, #N300, #NSEI, #resistance, #stocks, #support

The following two tabs change content below.

• Bio
• Latest Posts

HEFFX

HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

Latest posts by HEFFX (see all)

• Tesla Is Hiring Someone To Defend Elon Musk And Fend Off Attacks By Twitter Trolls - January 20, 2021
• PayPal Will Continue To Profit From A Huge Increase In Volume And Accounts - January 20, 2021
• Google’s Ethical AI Division Investigating Sharing of Sensitive Documents - January 20, 2021