from the perspective of price action, it's a perfect pattern of new momentum forming
I placed 2 limits under the last price to increase my trend following positions on SPX
Technical
a standard price action pattern:
trend A - sideways adjustment structure with more than 2 test- trend B is forming
the trend at higher timeframe is still bullish with meters being green
Fundamental
Numerator Side
Not quite promising but still positive. The expected growth on earnings and revenue are slightly lower than average of its industry....
waiting for a short setup against China A50 and a long setup on Nikkei 225.
Let'see how it goes.
Traders who did the Long Japan/ Short China trades last year earned a lot. Will this combo still be the most beneficial trade for equity traders?
Currency
these 2 economies are gonna cut their rate.
The difference is China's gonna cut their rate regardless of...
supports are on the chart.
S1 is around $100-$102
S2 will be at the level of $88-$89
in the short term, you'd bet decrease the long if you hate to short your target
@Frankie
@Vickie
