While Trump's earlier post had lifted sentiment, things have now unraveled again as Trade uncertainty continues to weigh on sentiment. S&P almost flat on the session after failing to break yesterday's high. Let's see if dip buyers emerge later on. For now trading remains quite choppy as reciprocal tariffs are set to go into effect tomorrow, along with those additional tariffs on China.
With trading so choppy, best to trade from level to level and exit on first sign of trouble. Lots of volatility = lots of trading opportunity, but if you are not careful, the choppiness could seriously dent your trading capital.
By Fawad Razaqzada, market analyst with FOREX.com
With trading so choppy, best to trade from level to level and exit on first sign of trouble. Lots of volatility = lots of trading opportunity, but if you are not careful, the choppiness could seriously dent your trading capital.
By Fawad Razaqzada, market analyst with FOREX.com
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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.