The US index which is heavily weighted toward technological corporations has shown the strongest vigor during the recent blessed rally in the US markets. The Asians have held up their end well enough and the Europeans are pushing ahead too by opening their wallets as well. We are trading the NASDAQ up entering the trade at 6743 looking to take profits at the 6768 to 6788 levels with our stop loss orders placed between 6722 and 6708. There is nothing robust enough here to look beyond the end of the trading day with this positIon. It could reverse and continue its slide of two plus months.
Trade Dispute Not Cooling
Daily Analysis - 17/04/2018