S&P recovering back to an area where is flipped back and forth after the drop yesterday ( Ellipse on chart ).
Negative China headlines in the background from earlier this morning , but US traders choosing to ignore them early on .
There's good volume and resistance up here ( blue line)- and in the absence of any positive news on tariffs it looks like it should move lower this afternoon .
Sell at current levels 5370
Stop at 5410
Target 5295
E
Negative China headlines in the background from earlier this morning , but US traders choosing to ignore them early on .
There's good volume and resistance up here ( blue line)- and in the absence of any positive news on tariffs it looks like it should move lower this afternoon .
Sell at current levels 5370
Stop at 5410
Target 5295
E
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.