SPX ES1! 
SP1!ALL TALK? NO ACTION?
Supports levels had worked and futures ended in positive territory yesterday, after all many experts believe that these announcements of #TradeWar are a door to open negotiations or the real effects of these anouncements will take some time, but will see.. take a look of these points:
1)
SPX SPX Could broke out thru the falling triangle today.2) All support becomes resistance, actual 20 EMA (2666) is the closest resistance level to observe.
3) Yesterday at the session end, futures indices closed in positive territory
ES1! and still continue, careful to be too optimistic there are strongest resistance levels.4) Volatility is 20 now but you know what happenned with bad news #Trump #Tariffs #TradeWar
5) Above the 20 EMA (2666 PINK), still remains 3 interesting resistances: 50 EMA, 100 EMA and the falling triangle which is strong (yellow).
It seems that everything is still announcement of actions, governments don't want a #TradeWar, there is a expectation for negotitions.
This is still a political situation, many of these announces are a pressure strategy to OPEN a negotiation or it can get worse or even stop, is a dynamic issue to review continuously.
Big picture=
https://www.tradingview.com/x/AmXZpbzw/
Trade closed: target reached
#Russia #TrumpWall street had left behind #TradeWar worries but now Mr. Trump tweets are NOT helping to
ES SPX to overcross downtrend (yellow line) because NOW is talking about #ColdWar with Russia... again will see what really happens till then, mixed hours are comingtwitter.com/realDonaldTrump/status/984032798821568513
Trade active
Wall street still waiting, not the best moment to take position, sentiment is not consolidated and many doubts about NEW issues: Trump, geopolitical risk, Syria, Russia, Cold War.Good moment to consider alternative markets or another options although difficult to decide because these matters affects entire economy, even cryptocurrencies are on the list of alternatives, who'd say it.
reuters.com/article/us-global-markets/simmering-middle-east-tensions-keep-global-stocks-under-pressure-idUSKBN1HJ030
Global stocks fall, oil up as Mideast tensions rise finance.yahoo.com/news/global-markets-asia-stocks-firm-trade-war-fears-004422576--finance.html?soc_src=hl-viewer&soc_trk=tw
reuters.com/article/us-usa-trade-china/china-says-it-will-fight-back-if-u-s-escalates-trade-spat-idUSKBN1HJ07S
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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.