Gap that I'm referencing: NOTE: I only trade and watch futures. 4:15EST became the official closing time back in 2020. There's an unfilled gap at 5754ish from 04/02.
415pm EDT is settlement time which is what I've posted a couple of times 5712 area You sure you have chart settings correct because it looks like bar high is about 5750 or so?
200dma is flat, wait for 100dma to cross down, stagflation is here if not recession. Trump Announces a UK Trade ‘Deal’ About Nothing The White House made no mention of how the framework met the objectives of raising revenue or reshoring manufacturing. https://www.bloomberg.com/opinion/a...ade-deal-about-nothing?srnd=homepage-americas More importantly, what was announced fails to accomplish any of the three objectives Trump originally put forward leading up to April 2’s “Liberation Day” for levying tariffs on America’s trading partners. As a refresher, the first was using tariffs (which Americans pay for) to raise tax revenue to help close the federal budget deficit and pay for an extension of the Tax Cuts and Jobs Act of 2017 that is due to expire this year. The second was to bring manufacturing that migrated overseas back to the US, igniting a new “Golden Age” of America. The third was to achieve foreign policy goals. None of those three objectives came up in Thursday’s announcement. So, what is the point? Trump’s trade war has upended the economy. The uncertainty he unleashed has paralyzed businesses and caused measures of consumer confidence to collapse.
i did milk about 180 points in rty in last 5 weeks, from the 31% drop from the height to 19% rebound, all good and safe.