Beware, most countries are weak & have been weak for the last two weeks. But for how long, sometime, there has to be a dead cat bounce. it can happen any time, this is good enough for Indian traders, they will rally the nifty by 150 points to the upside, as they are not allowing nifty to fall.
Hence, it is very risky to take directional trade home at this point of time, today can be okay, as US is closed and most markets do not have the spine to dictate the direction, but tomorrow will be dangerous as US will be opening after 3 days of holidays.
