https://www.reuters....s-idUSKBN1I516G
Trade War Now Looks Unlikely
Started by
redfoliage2
, May 04 2018 09:25 AM
3 replies to this topic
#2
NAV
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Posted 04 May 2018 - 09:53 AM
Trade war, North Korea, 10-year yields breaking north of 3.0% ..nothing could break SPX 2500. What does that tell you ?
Anyway i have a ST turn to upside today at SPX 2636.5. It could also turn out to be an important medium term bottom, if we break above 2683. We'll see..
#3
tsharp
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Posted 04 May 2018 - 10:10 AM
Trade war, North Korea, 10-year yields breaking north of 3.0% ..nothing could break SPX 2500. What does that tell you ?
Anyway i have a ST turn to upside today at SPX 2636.5. It could also turn out to be an important medium term bottom, if we break above 2683. We'll see..
I posted this earlier this morning... if it plays out, it targets the mid 2670s... time will tell.
#4
Data
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Posted 04 May 2018 - 11:53 AM
They essentially offered to unravel both sides' moves plus a few on the US side which restricted China's investment in US companies. I thought North Korea was a positive, not a negative. You mean 2600. There is a lot of probing of the 200-day moving averages, especially on the NYA.
