This 1 hour chart show us that had already exceeded the 50 and 100 EMA, about to reach the dreaded 200SMA, BUT he has decided to tweet again, which puts a brake on all long positions and we enter the Ichimoku cloud which indicates a great dance of ups and downs turning a battle of #Bearish vs. #Bullish in the intraday, that the only thing that will bring is blood in the investors and North American companies. Great job #MAGA
It seems that the No. 1 enemy of the North American economy is his own president, who does not understand much about it, he wants to affect companies like Amazon with his tweets or affect anyone who does not consider his friend. That is not the way to maintain stability in the stock markets, much less in the economy, it seems that it likes to generate panic and after living moments of stress in the S&P SPX pressing the 200 DMA, but it seems that he wants to play with fire intentionally.
Imposing tariffs and believing that economic wars can be won "easy" with enemies like China, destruction, uncertainty, fear and volatility is the only thing that is bringing every time, Mr. Trump expresses his opinion, what in the next months the historical supports will stop working and then we will have the great feared CRASH.
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