China deal imminent however how will the markets react?

Now thinking that after the China deal is done it will be a sell the news event, only because of how high the market has rallied ...for all we know maybe they meet and no negotiationstake place but j give that less than a 20 % chance....

If the s&p was under 5000 today a deal would skyrocket the markets but it seems now the markets could be priced in with a deal especially if markets rally into the deal without any kind of pullback like they have been...up almost 20% from lows. You might get an initial jump in stocks but I'm thinking now people will start to pull profit

 

ET's top notch analysis

 

To the moon

 

Quit trying to overthink things and look at how price is affected and what the trend is etc.

 

Charts will tell you what you need to know.

 

So you are the chart master....

Please do tell where we are headed next???

 

No idea, other than the trend is up. But the important thing is Prudent Risk Management.

 

So the trend is up....

That's based on??

So no downtrend in site?
.straight to 6000 from here on the S&p?

 

Trade with the trend. No idea if we go to 6000 next or not. The key is PRM. All this other news stuff is meaningless in that it just gives a trader more to be wrong about. Charts are where it is.

 

this op is such a idiot he has done nothing but moan and groan like a little girl about the tariffs and then he says he is trading futures now - if that were true he would know he can short but no he still comes on here and bitches about the same shit each and every day. i am all for supporting the handicap including metal illness.

but drama queens like this op has no place in real life - they need to dig a hole and bury themselves in a box of shit.