European stocks close higher on US-China trade optimism; Michelin climbs..
Stocks in Europe closed higher Tuesday as investors monitored trade and political developments.
European close with a indecision bar but looks like a abandon-candle-stick which touches the nearest resustance of previous down trend.
CAUTIOUS: European zone might see another wave of sell off before recover back up during US Spot open mid-day.
UK were range during the futures morning session, despite of positive indecision candle posted.
but The ASX 200 in Australia, on the other hand, shed earlier gains to slip 0.36 percent in afternoon trade. Oil company Beach Energy surged 6.07 percent after it announced increased sales revenue and improved guidance in its half year report for the 2019 financial year.
The ASX200 close with a bear indecision doesn’t mean she will move lower once her futures open. Cautious are to be taken, cause European zone already touches her first resistance of the previous down-trend. The close like this will let us look for a confirmation signal before placing position.
The Chinese end positively with a indecision bull candle, that will bulls up the prices in the US Spot session later today and tomorrow Asia session.
Cindy Kate I might be only get into position 45 mins before US spot open.
If you have bought last night after the European close. You would have taken your collection either last night or today during the German open.
The trend is going bear before the US open and I am in the shirt position since the open and clear off all position 45 mins before the US open for new position.
The Weed have signal the end of correction with a indecision bulls bar last night. Is going to pick back to the bull the rest of the week.
U.S. stock index futures rose on Wednesday, with market participants hopeful that Chinese and U.S. trade authorities will reach an agreement.
The chart ends with a bear reversal signal, despite the positive trade news. Watch the data report on oil matters later.
Cindy Kate we may do a sell off 45.mins before before the US open and close at between xx07 to xx27.
If it start to favor you of 3 to 4 digit close as quick in case anything bad news comes in.
Oil gets a boost from Saudi output cuts, declining US stockpiles
Oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production.
Oil posted an bull inverted Tuesday and we may see a push up in prices today.
Gold steadies as dollar pauses on hopes for trade truce
Gold steadied on Wednesday as the dollar slipped from a two-month peak on hopes of a trade deal between the United States and China, with the metal’s gains capped by rising global stock markets.
Gold posted a bull inverted hammer and is moving upwards steadily
Cindy Kate as maket European close have another wave of indecision and a bear inverted hammer or a bear hanging-man look alike.
You may do a sell short one hour after european close and close at between xx07 to xx27 or keep over.
We might be seeing a correction downwards for next few days before any trend decision.
Be back for more updates.