After Germany’s exit from world cup tournament, I had a big plate of spaghetti for my breakfast. Back to business, U.S market was closed for Independence day, mostly clueless asian markets are likely to be a little bit quiet. Well, at least, SIMSCI had a small gap down this morning. I am not bearish for the day, at least, I see local market crowd are still in pretty positive buying mood. When leading markets are closed, this small crowd of market participants do help in moving the intraday market.
No setup is formed, yet.