Mar 27, 2015, (9:20AM EDT)
U.S. stock futures are trading negative after disappointing economic reports, indicating a negative opening in these markets.
The dollar index has again turned positive after a short dip in negative when GDP number came lower than expected.
Yesterday, U.S. markets had closed a little lower, staying near their support levels. Immediate range for major indexes will remain yesterday’s high and low points. Being near support levels, high volatility is expected in U.S. markets today.
As major index has recovered from low levels yesterday before the closing, that indicates some buying support in markets coming in at current levels.
Any stock, index trading above yesterday’s high levels will have more chances of staying in the positive.
The session might remain range bound today.
Good luck, trade carefully.