Coolbizone put this head and sholders forecast up this morning
SPX, potential a Cool Combination coming up IHS break above 2672 and in a Wave (iii) of [iii] of a Minor 3 going forward.
Below 2610.79 is a ST invalidation.
“…was Xi's speech really such a profound "risk on" catalyst, or was it just algos mistaking a token statement by a Chinese bureaucrat…”
CITI READS THE SPEECH IN THE ORIGINAL CHINESE:
Citi: "a careful read of the original … reveals that the speech was more a reiteration of existing commitments rather than new major initiatives or concessions to Trump."
Citi reminded us that what Xi said has been said many times before
Citi conclusion: "the trade war has the risk of further accelerating before eventually cooling down …” https://www.zerohedge.com/news/2018-04- ... to+zero%29
Meanwhile everyone is obsessed/distracted by Zuck, starting now...
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats wrote:So this is very definitely NOT NORMAL. Wondering if someone with deep pockets is testing market capacity, or if they just have a really really bad trader working for them.
I think it is a setup.
They know something which will probably come out after the close and give a big drop
Educational only and not trading advice (EO&NTA) Good trading to all
maybe bulls are winning, breakout above the upper blue line now looks more likely.
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