Today will be a big day for the stock market in 2025. The tariffs to be implemented promises to either make or break the market.
Last week we saw a massive sell off and on Monday and Tuesday we have seen the markets gain a decent amount. However here is what needs to be noted for all indexes:
1) The Daily downtrend is intact
2) The H4 MA is pointing down
3) On GER30,we see a bat pattern to sell
4) H1, M30, M15 is OB and has a double top
We should not follow the news, but instead focus on the charts. Based on this, we will enter a short position and expect the market to resume the downtrend.
Stop loss will be 200 pips around 25700. Good luck!
Last week we saw a massive sell off and on Monday and Tuesday we have seen the markets gain a decent amount. However here is what needs to be noted for all indexes:
1) The Daily downtrend is intact
2) The H4 MA is pointing down
3) On GER30,we see a bat pattern to sell
4) H1, M30, M15 is OB and has a double top
We should not follow the news, but instead focus on the charts. Based on this, we will enter a short position and expect the market to resume the downtrend.
Stop loss will be 200 pips around 25700. Good luck!
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.
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.