Morning Briefing Global Stocks
$DIA, $DAX, $DJSH, $N300, $NSEI
Commentary: Nothing new. PE
DJIA at 25064.50, -0.53% dipped Thursday as the 1st resistance at 25250 is holding. This move can extend to 24750 before resuming the move North.
DAX at 12686.29, -0.62% has 1st support 12650, while that holds, DAX could move to 13000 near to medium term.
Nikkei at 22652.42, -0.49% is down too, but could move up from 22600 back to 23000. A clear break below 22600 indicates near term Bearishness targeting 22400 or lower.
Shanghai at 2774.62, +0.075% may test to 2750 before bouncing to 2800-2850 medium term. Overall range trade in the next few sessions looks likely.
Nifty at 10957.10, -0.21% is ranged within 11100-10900 in here. While trading above 10900, Northside to 11200 looks possible. Expect support at 10900 to hold for now.
Have a terrific weekend
Latest posts by Paul Ebeling (see all)
- The Street’s Key Stock Analysts Research Reports - October 22, 2018
- Tesla (NASDAQ:TSLA) Key Quarterly Financial Report Coming - October 22, 2018
- Commentary: Paul Ebeling on Wall Street - October 22, 2018