At a Glance: Global equities ran out of steam last week, and it seems like its going to stay that way for at least the next few days. Equity markets likely to remain on tenterhooks until Fed decision and commentary is out of the way.

Trade Setup 15 June 2022 -

Global equities ran out of steam last week, and it seems like its going to stay that way for at least the next few days. Equity markets likely to remain on tenterhooks until Fed decision and commentary is out of the way. While quant indicators point to a bounceback opportunity, risk-reward remains in balance.

Important details found

  • Global equities ran out of steam last week, and it seems like its going to stay that way for at least the next few days.
  • Equity markets likely to remain on tenterhooks until Fed decision and commentary is out of the way.
  • While quant indicators point to a bounceback opportunity, risk-reward remains in balance.
  • Onus is back on Reliance Industries and tech stocks to do the heavy lifting for .
  • Bulls hopeful as long as remains above the sacrosanct support of 16500–16400.

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