BE CAREFUL, IT'S NOT ALL BEARISH , STILL REMAINS BULLISH SENTIMENT, MIXED OPEN
Complex battle is coming and still is not a clear direction, take a look of these points:
1) Actual 200 DMA of
2) All support becomes resistance, in the last 12 hours
3) Yesterday obviously all indexes with RED indicators, but at the close we had a interesting return and away of minimum of the session
4) Below the actual 200 DMA (2589 PINK)
5) It was expected that yesterday at the time of breaking the 200 DMA
6) European indices down but does not fall with the strength of the American indices, futures remain positive for today's opening, so we expect a slightly flat day, given the uncertainty.
7)Today is expected a tough battle that will leave many losers, it is best to stay out of the American markets and opt for markets like the European that has found good support and not being a contender is not directly affected by the trade war between China and USA.
https://www.cnbc.com/2018/04/03/us-stock-futures-dow-data-tech-and-politics-on-the-agenda.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo
Trade active
twitter.com/tictoc/status/980901484878618626Note
Very difficult trade session, long bars dancing with ups and downs, volatility is high and again looks like Mr. Trump wants to break Amazon with his tweets (conspiracy, this is a hight high treason crime)Consider european markets as alternative:
wsj.com/articles/where-investors-find-refuge-from-techs-storm-1522762820
Trade closed: target reached
High volatility results in opening and closing orders in very short time, as we see in this bar reaching 2520 and then going up almos in the same bar (one minute), a wild session...That's why I said... "Today is expected a tough battle that will leave many losers, it is best to stay out of the American markets" , can you imagine how many orders had activated in that movement ... IMPRESSIVE... just one bar, surely a couple of million of dollars
forbes.com/sites/tomaspray/2018/04/03/is-a-drop-below-the-200-day-average-a-reason-to-sell/?utm_source=yahoo&utm_medium=partner&utm_campaign=yahootix&partner=yahootix&yptr=yahoo
Trade active
ANNOUNCED SUPPORTS IN THIS POST will be tested IN THE NEXT HOURS!!!After these announcements, all the markets are in a big stress, at this hour stop loss activated and turned for SHORT positions.
reuters.com/article/us-usa-trade-china/china-vows-countermeasures-as-u-s-issues-extensive-tariff-list-idUSKCN1HB0G6
twitter.com/MarketWatch/status/981464517300379648
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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.