US stock market out look.

Dowjones, Nasdaq, S&P 500 managed to move up 20day SMA but were not able to sustain above it. Technicals indicates that all of them may retest the lows and may even make new lows in coming days. Which can give more pains to indian market sentiments. For long term positional investor, it will be a wait for some more time. Should not be carried away with sharp pull back bear market rallies. Only try to accumulate near the lows made in Octobers.

I wish you a happy investing.