The Dow Jones shot up yesterday after some choppy early trading. I was watching the charts and it just went up and down in a super tight range. Soon more news released as Trump tweeted and the market suddenly rebounded. It seemed like the trade tariffs was delayed and Trump agreed to give China some time and as a goodwill of gesture. These days we are trading based on tweets and the market reacted very strong on Trump instead of real economy fundamentals. Short interests grew 1.8% as more traders are looking on the downside. I don't know where is it moving but I am as cautious as ever as Dow Jones touched a ultimate supply zone.
https://www.investing.com/news/stock-market-news/asian-stocks-mixed-as-trump-delays-china-tariff-hkex-makes-takeover-bid-for-lse-1976164
https://www.investing.com/news/stock-market-news/asian-stocks-rise-on-hopes-for-uschina-trade-monetary-stimulus-1976137
Ronald K - Market Psychologist - A Stock Market Opportunist
