ES1! testing strong resistance..possible bear trap if talks fail

29 нояб. 2018 г.

Powell drove the market up, but it's a matter of deal or no deal in US/China talks. Watching these levels short term...Tested strong resistance. Cup and Handle forming as well, pay attention to news and have stops ready.

30 нояб. 2018 г.

Заметка

Broke through with FED minutes, but lacked momentum. Price will hug near this slope range until G20 trade talk news comes out. I see no significant movements without news reasonings prior to an update about Xi and Trump talks. On the DMI it's a stalemate with trend strength weakening. Tomorrow's news will be the deciding factor. Global economic stability could use a brief reprieve into early next year with optimistic news, but only the powers that be know if this is a bear flag in the making,