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TRADERSAI - A.I. Powered Model Trades for Today, FRI 08/09

SP:SPX   S&P 500 Index
Tradewar Agreement - Just Around the Corner?

The "90% done" cards no longer play with any of us in the nation, as we have been told it multiple times. Was the administration just cooking up things as they go to the press/twitter or were they naive or incompetent or all of the above? Regardless of the reason why, investors seem to have now resigned to the fact that the trade war is here to stay for a while.

Given that sentiment, there is still scope for stoking (baseless) hope and exuberance in the markets around the trade war agreement/developments (mass memory is said to be very short and politicians know this very well) - so, investors/traders need to account for "short squeeze" spikes up when they go short.  

Our models have not formed any near term directional bias, yet, and are in an indeterminate state, waiting for further analyses of today's and Monday's daily closes. In the mean time, read below for our models' trading plans for the day.  

tradersai.com/sp-500...tlook-for-fri-08-09/

#ES #ESMINI #SP500 #SPX #SPY #Fed #China #Yuan #Yields #Rates #Tariffs #Tradewar

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