November 26, 2019

Stock market review November 26, 2019

What do we see in the market?

Nasdaq 100 🇺🇸

A confident gap in the futures for the Nasdaq100 index before the opening of the US market on Monday indicated a general trading mood, but there is no political and economic positive on this background.

Technical analysis, however, indicates an increase in the quotes of the index, but at the same time, the market may not go into the downward zone from this week.

Enlightenment in the negotiations for phase 1 is hardly visible, and large investors have not enough time to withdraw the price of medium-term correction of profit-taking. We can witness New Year's short on the index.

Nikkei 225 🇯🇵

After returning to the level of local lows in November 2019 last Thursday, buyers managed to seize the initiative. And on Friday and Monday, they dominated this market.

Bidding at the beginning of the week opened with a gap in prices in the direction of growth of quotations, and also remained in the positive zone as part of trading on Monday.

The general market sentiment is upward.

FTSE 100 🇬🇧

Technical indicators on the UK stock market index moved into the buying area and indicate growth. At the same time, the price has been consolidating for a rather long time below the local maximum of 2019.

Talk about Brexit has subsided, but the issue remains unresolved + US trade war has an impact on Britain.

The general mood is controversial.