1) American indices SP:SPXYMNQ broke out thru the falling triangle today but still waiting to see the close. 2) Volatility is low now but you know what happenned with bad news #Trump #Tariffs #TradeWar #ColdWar 3) Above the downtrend line (yellow), still remains 3 interesting resistances: 50 EMA , 100 EMA & 38.2% fibonacci (2663), this next sessions will not be easy
Careful to be too optimistic there are strong resistance levels, sentiment is not total consolidated and many doubts about NEW issues: Trump, geopolitical risk, Syria, Russia, Cold War.
Big picture:
Trade active
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YM1! DOW JONES fighting to overcome downtrend line (yellow) & daily EMA50
Quiet session in general, European's futures and options have expired (DAX30, CAC40, IBEX35) American's futures and indices in red, not best day to open position. Day to collect profits in Europe... in the American case I hope you have already collected your earnings. Happy weekend!