Happy ThanksGiving Day in advance!
Global Equity Indices
In the previous session, US market went up; DOW moved up by 160 points while S&P500 Dec Fut made a high of 2600. Today, it is the reversal day of the week. Monday-Tuesday has been positive. Profit booking to be observed from today (US hours).
At US Opening, Neptune is turning direct.
DOW has major hurdle at 23600 while NASDAQ has major hurdle at 6400.
Hold S&P500 Dec Fut with S/L 2601. If 2601 is crossed then it may move up to 2620.
Hang Seng has taken a break out. Above 30000, it can move up to 30500. Short Hang Seng with S/L 30200.
CRUDE OIL
Crude is positive from today. Till next Monday, if it crosses 57.85 then it may jump up to 61. Major support for oil lies at 56.
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