bad us ISM
bad chinese PMi
Powell less dovish
North korean missile test
Trump and china not on the same page as they try to made us know to support market
bubble since times on equities
so i think equties will down much this week so who will be impacted more.
near a bubble look likte
all time highs but still world slowdown and many other problem
trade talk not finish
brexit not finish
europe trade war
market is on euphoria
I NOT MAKE STOP LOST ON THIS TRADE AS MYSELF I TARGET LESS THAN 2800 !!
short #SP500 at 2835 and take profit around 2800 just 48h before #fomc also i notice many rsi divergence and all this move up is only speculation for me and at a time buyer will take them profit.
also all this move up is only speculation so before an FOMC as market exploited near already all the dovish comment and all thing to have a reason to go up...is...
legit rebound to buy after head and shoulder target completed
Also dollar got a serie of bad soft data but the dollar up instead of down i think it will be not last long in short time
gold is also oversold and reach big support
the gols is now on possible double top and a reversal risk
we can see the head and should and also the chanel
A break down abotu the chanel match perfectly with the Head and shoulder pattern
so for now wait and see But for buyer it a perfect timing to by with a tigh Stop loss
this is very special
the bank of NZ said friday that have a chance to cut the rate this years and the market reacted dovish for NZD and HOPE few minues after it erase all his loss and even gain more
so is may due to the optimist of US-China trade talks.
But anyway for me the trade talks are 75% priced by the market now so if i am wrong i think is just about my...
it face monthly resistance
also facing the downtrenline since highs 2013
target 1325 minimum and you can made a trainling stop coz maybe we will face a middle term top
i made 2 lot on this for get more money,no much risk on this trade..
if it up every 5$ i will add 1 lot until at the end it reach 1325 MINIMUM