Consumer Staples was the best sector over the past 30 days followed by Technology. Defensive sectors are underperforming since November. Industrials, Technology and Financials are showing relative strengths.
Directional Bias For The Day: The futures are lower Drifting down ever so slightly since 4:30 PM on February 15 Odds are for a down to sideways day; watch for the break above 2345.00 for change of fortunes Markets Around The World Markets in the East were mostly down – only Mumbai closed higher European markets are lower Dollar index is up. USD/JPY, EUR/USD and GBP/USD are down Commodities are…
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