Dumps and climbs 50% Fib.Volume looks strong and RSI has room before hits resistance. We can re-evaluate future target once we hit resistance.
US and China trades news painting good picture.
Seem like it is forming symmetric triangle.
Check volume before you take the trade
Long if price goes > 1742.50
Short if price goes < 1642 - Target 1550
Descending Triangle on 1H = Bearish
1. SHORT if goes below 758 Target 743 SL 771
2. If on market open it is positive but weak short around 768 Target 743 SL 774
