Nice head and shoulder formation in the daily...Sitting on the neckline. I would wager this will materialize...markets are weak and buyers are scarce.
US stock indexes are toast, could fall out of bed any day... so be ready to short this weak gasping market. Head and Shoulder breakdown should yield some decent points.
Instead of Chuck Norris jokes, lets have some Buy1Sell2 jokes. Buy1Sell2 doesn’t fight trends. Trends fight Buy1Sell2! Seriously, it seems the equities markets are quite confident a trade deal will be done between China and the US. Either that or endless love from the Fed. Recent economic reports from most countries have been less than inspiring. Have not been keeping close tabs on the various Central Banks, but read that Australia Central Bank is expected to cut rates this year.
How many B1S2's does it take to change a lightbulb? Only one.... but we'll give him 15 try's to finally get it right.