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As you know i do weekly Technical Analysis of S&P500 Index (SP500 or S&P 500); it also gives a clear picture of other American Stock Market Indicies such as DowJones, Nasdaq, IXIC (Nasdaq Composite), VIX (CBOE Volatility), RUT (Russell2000), QQQ (QQQS) thus giving you an idea of the overall health of the stock market & economy as well.
In general you can say when we look into the US Stock Market, we can deduce the worldwide stock markets health including Asian Stock Markets such as Nikkei, HSI, SSE & European Stock Markets such as DAC, FTSE, CAC, STOXX600.
I do OptionsTrading as i am an Options trader. Trading in the stock market is risky but trading in the options is very risky. Thus you are always adviced to trade in Options carefully & use Technical Indicators extensively.
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Email : Connect@LakshmanSingh.com
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Disclaimer : The content in this Video and/or in this youtube channel is for informational purposes only and does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell, or otherwise transact in any investment including any products or services or an invitation, offer or solicitation to engage in any investment activity.
this mid-week update covers the immediate market movement HOWEVER for the support, resistance, retrace, confluence zones, long term market movement etc. please watch the weekly technical analysis – https://www.youtube.com/watch?v=avkRKAVDsRo
Thank you
First😁
Thank you boss. Appreciatie that you take your time for this
So are you saying don’t invest today?
whenever the market is in consolidation, it is advised not to trade until it is out of consolidation
Amazing
may I know it’s not good to do strangles/straddles here instead of doing a directional bets? Any thoughts around it? Also, do you not buy puts/calls in anticipation of a move instead of waiting for it to happen?
my advise is don’t do anything until the market is out of consolidation
Hey lakshman, what is your day intervals on your EMAs ?
sorry, cannot disclose the parameters
Breakout just happened to the downside 👀
Nice work again Singh… now that we closed below 4065, is it safe to say breakout is to the downside?
Because we definitely closed well below the moving averages today.
yes, the breakout is in favor of bears.
I didn’t see this video until after close today. But great insight! You are amazing.