Latest Update
Nasdaq Slides to correction territory

Nasdaq Slides to correction territory

05 June 2019

Nasdaq

Range: 7320 - 7050

Our Preference: Sell Nasdaq near 7225 for target 7100 SL 7275

Alternative Scenario: Buy Nasdaq 7050+ for target 7145 SL 7000

Trading Zone

7320 Last sell for the day
7275+ Buy above for target 7320
7222 Sell start for the day
7115 Buy for Momentum
7050 Last Buy for the day

Maintain stop loss of 25 point for above trading level.

Fundamentals of the day


US ADP Non Farm Employment Change Expected 185K vs 275K
      Final Services PMI   
      ISM Non Manufacturing PMI