When charts forms a double top, it will typically and technically have a correction before it goes higher (but it has to give some reason why it will roll up like a rocket). I have been waiting for the news between US and China since this will affect our portfolio dramatically, too. Look, it has no mentioned for at least 2 months! Gold has took a correction area, but if smart money still need to go somewhere, GOLD would be that best shelter still.
I don't know if we will have the best time of trading if things falls ( when you bought some shares), or a bad thing if you hold your bags while the market rejected the price movement (quickly protect your portfolio if it drops over 7%~20%!)
Always trade carefully with objective thinking, then you'll know the market better. There are some news on tv will make people panic sell, too. I'd love to hear your questions if you should sell or hold or buy. Just PM me if you want.
Interesting about the point system you mention implemented in China for excess food being left..The government penalising families if excess is left behind after dinner. Would help stop waste. US money printing thats going straight into the stock market to keep it inflated - With the election coming soon President Trump would surely want more money printed to hand out, this finding it's way into Stocks again. Next leg higher ? Excellent video and interesting points raised.
luckysavvytrader
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@gremic, Believe me, they wasted a lot of things that shouldn't be, too. Look for flooding on google during June and July, they said it had done little damage to the residents, but actually it damaged a lot of farm lands. So why do they have to limit the consumption of food because it is also part of the GDP of China itself?
Yes, that printing money will bring the market and inflation higher, too. I can't wait for this weekend to be over. GL trading!