Big Picture:
- US-Iran war still an overhang for the market
- Brent crude gone up to $90 per barrel
- Asian markets trading with a bullish bias
- Not sure if no good news is a good news or a bad news!
Positional
- Market stuck in a nasty congestion zone (24350-750)
- No clear triggers to move the market either side
- Any new trigger can induce a big directional move
- US-Iran thing has the potential of being that trigger
Intraday
- Very low conviction today
- Any intrady rally without a fall in crude prices will be sold into
Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation
