Traders should remain cautious amid US markets led violent volatility
Pre-open Outlook(06-04-2018)
Dow Jones closed 240 points up yesterday and only after 7 hours Dow's Fututes is trading 284 points down while once it was trading 450 points down also 3 hours before.
Dow's Fututes was traing 450 points down when Indian markets closed on 04-04-2018 but Dow Jones closed more than 200 points up same day.
As per my view it is only manipulation by international operators because all the Global markets takes cues from US markets and react on its price movements otherwise economic situation never change as fast as being shown by US markets.
Certainly this US markets led violent volatility like situation is beyond the imagination and control of general traders therefore traders should remain cautious and overnight positions should be avoided if there is no confirmation.