Global Markets Data with 05 to 200 DMAs – A Tool Kit for Stock Market Forecasting
“Patience is the Key of Success in Stock Market”
Global stock markets are full of uncertainty. Therefore, before executing any trades, it is crucial to consider certain key figures that can significantly aid in predicting market movements. For profitable trades, strategy should be based on accurate stock market predictions to minimize potential losses and to maximize potential profits. The following data presented on daily basis serves as a toolkit to assist in forecasting stock market trends. Further, 30 days historical data of major global markets are also posted on the website under respective markets MENU’s for Global Market Information and predictions.
Observe the Global Markets Daily Data Watch Table below, which is useful for analysing global market trends. The table clearly shows that when a stock market begins trading above all key DMA levels (05–200), it typically turns bullish and remains so unless negative news triggers a downturn. However, during such bullish run-ups, occasional shorting opportunities can be leveraged for potentially profitable trades. Similarly, when the market starts moving below short-term DMA levels (i.e., 05, 10, 20, & 50), it signals a bearish trend reversal.
The 05DMA and 50DMA levels serve as key turning points for stock markets, affecting breakouts and breakdowns. These DMAs can be viewed as support and resistance levels for the market. Additionally, to predict intraday market movements, the previous high and low figures should be considered as potential breakout and breakdown levels. Open interest at the nearest strike price can also be considered simultaneously to determine support and resistance levels for potential index movements and reversals.
Unless the market rebounds, it may remain choppy and sluggish (slow-moving) which reflects weakness in the market (Directionless). In this case, one can continue tracking the trigger points (Negative or Positive News in pipeline) that could move the market in either direction. A slow-moving market can be a dull and tedious wait. However, buying and selling in individual stocks may be seen.
Instructions to Use the Data:
- DMAs levels along with Previous High, Low, Strike price open interest, be observed for Support & Resistant Levels.
- For confirmation of Support & Resistant, check nearest Strike Price Open Interest & Total Open Interest of Call and Put.
- Watch during intraday, if these levels are broken, which may leads to Breakout or Breakdown as per trend of the Markets.
- In a bullish trend when market is trading above all DMA Levels, breaching of DMA may result into Bearish Trend Reversal.
- If market starts trading above DMAs may be a sign of Bullish Trend & if market starts trading below DMAs may be a sign of Bearish Trend.
- Figures in Green indicate market is trading above DMA(s) and Figures in RED indicate market is trading below DMA(s).
- DMA levels 5,10,20 and 50 indicate short term trend, whereas DMA levels 100,150 and 200 indicate long term trend of market.
- If levels are plotted on intraday chart, it may give clear indication about projection of market trend.
- Beware of intraday movement of market, as it may try to deceit the traders by going against the trend.
Disclaimer
DISCLAIMER: The information provided on this website are for educational and informational purposes only and should not be construed as financial advice. The opinions expressed are solely those of the author and do not constitute recommendations for any specific investment. Stock market investments carry inherent risks, and it is important to conduct your own research and data analysis or consult a qualified financial advisor before making any decisions based on the information available on this website. Market Barrister and its contributors are not responsible for any financial losses incurred from investment decisions based on this content. Information, given in the website are for educational purposes.
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