Big Picture:
- Crude oil prices seem to have stabilized
- No major macro news or trigger
- Asian markets are trading with a slight bearish bias
- All eyes on the upcoming earning season
Positional
- On Friday, the market failed to make a decisive breakout
- This opened a short term risk of a pull back to 20 DMA
- But the bias stays bullish on the positional basis
Intraday
- Friday’s market closing was a bearis sign
- Needs to be seen if the bears mount an attack today
Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation
