SPXES1!SP1! 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 ES1! is 2589 (PINK) 2) All support becomes resistance, in the last 12 hours ES1! had touched at least 2 times the 2589 support 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) ES1! , still remains 2 interesting supports: yesterday low (2552) and february lows (2530) {PURPLE} 5) It was expected that yesterday at the time of breaking the 200 DMA ES1! , the indexes won't had a dramatic greater drop reaching levels of 2000 points in the SPX SPX, this did not happen, on the contrary we closed with a return. 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.
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: MOY0ESP35 GER30
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
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.