my TA suggests otherwise. perfect bearish gartley formed on the NZX50 , see the thread.
it worked on ZEL remember
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having a expected down day in us markets , even after the big rally overall picture hasnt changed
Hmm - Energy Minerals and Consumer durables (both currently down by more than 10%) looking a bit sick this morning and Nasdaq (-2.3%) not looking flash either. These holidays don't seem to be good for our American friends, and maybe Trumpy should reopen the government for a sec and stop his war games?
Wondering how our markets will react?
I agree, but these past few years has desensitized investors and traders somewhat. We're now used to 3rd world style leadership gaffs and shrug off threats that would have caused panic 5 years ago.
Sorry for being more cryptic than I intended.
Yes, page 1 of recent latest posts, ie being actively talked about.
Too vague for me.
This is going to go down like a can of worms on the markets
US charges Huawei with fraud, China tensions escalate
David McKay the president and chief executive of Canada’s biggest bank jotted down some thoughts about his fourth visit to Davos.
5G The next generation mobile technology promises to usher in an era of ever-present, lightning-fast data that flows like electricity, powering self-driving cars, delivery drones, and digitally-enabled appliances. However, McKay found the Davos set wasn’t fully up to speed.
“I found it intriguing that despite the buzz, many of the world’s business and government leaders seemed to know little about 5G,” he wrote.
McKay said there’s little doubt that Huawei Technologies is a leader in the space, and questioned if nations who shut out the Chinese telecom giant over fears of state ties will be left behind.
https://ca.finance.yahoo.com/news/di...171942706.html
us markets in a range dji 24300 - 24800 watching and waiting for directional break
So far the USA company earnings reporting season has been good. Apple due to release after mkt closes.