All i see is trump spamming social media all day every day with fake trade news. Also, press release by White House admin that, tarrifs will be lifted, but now according to Eikon this morning, trump himself said that was false.
The Russell 2000 index is an index measuring the performance of approximately 2,000 small-cap companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States.
China has extended the olive branch back to the United States by offering a path to eliminate Washington’s burgeoning trade deficit with the country, Bloomberg reported Friday. The news comes less than a day after The Wall Street Journal reported that the Trump administration was considering lifting tariffs amid the ongoing trade war.
China Proposes Six-Year Buying Spree
Citing sources familiar with the matter, Bloomberg reported Friday that China has offered to significantly boost its purchase of U.S. goods over a six-year period in an effort to re-balance trade between the two superpowers. By increasing its annual imports from the United States, Beijing would reduce its trade surplus to zero by 2024. That would require a spending boost of more than $1 trillion.
Last year, Beijing’s surplus with the U.S. stood at $323 billion.
Quick look at gold. Indicators (RSI, Stochastics, MACD) took a sharp turn lower on Friday's break down from its consolidation pattern. Indicators have plenty of room to the downside. Oh, and check it out. 50 DMA and 200 DMA both at Louky's 1251. Makes for a very nice target.
He's just part of the grand con. How can you call stock market a huge bubble. Then flip flop to taking full credit for being responsible for said bubble and basing your entire presidential success on it.
Quick look at gold. Indicators (RSI, Stochastics, MACD) took a sharp turn lower on Friday's break down from its consolidation pattern. Indicators have plenty of room to the downside. Oh, and check it out. 50 DMA and 200 DMA both at Louky's 1251. Makes for a very nice target. View attachment 122669
Gold Daily. This is the way I'd typically approach it, always looking for the trading channel. Combine that with support and I'd propose ~1259 as the higher probability outcome here. That's on a daily close, so Louky's 1251 can easily be tagged. Maybe a couple of big red candles into the low by the looks of the STO. Should t' be long I'd say. If the channel holds up it will mean buying has to kick in over the 50DMA. Not a bad sign.