technichly everything is good nad we need to close position,There is Big But! iran-us tension,central banks policy,trade war whispering my ears to keep hold.. thoughts?
Same flag pattern falsely formed several times in the past 5 years but 1360 - 1375 is holding. Why should this time be any different. The stock markets need to crash by 15-20% for that to happen.
Commodity_Whisperer
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@TradingShot, decreasing interets rates? Shorting The Usd? stock markets in a buble since trump elected.. 1800 will come pretty fast
TradingShot
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@houstyle123, The previous times had equally strong catalyst candidates (N. Korea, Brexit, Oil etc) but still failed. So let's treat 1360 - 1375 as a Resistance and wait for the market to provide the direction.