Big Picture:
- The US markets were mixed/mildy bullish
- US markets will be closed tonight
- Asian markets are trading with a mild bullish bias
Positional
- 23800 and 24200 are continue to be two key support/resistance zones
- Any decisive breakout either way will lead to expansion in that direction
- The bias is on the bullish side
Intraday
- We are opening right above the resistance zone of 24200
- The first hour will be crucial- if the gap up sustains, we can see more build up
- If the gap fails, we are in for another lame session (like yesterday)
Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation
