As mentioned in my previous emails, the target 3250 was supported yesterday as predicted.
If it does not hold up at this level of 3250 by end of the day, there is a chance to move and test 3200 mark.
If it does hold up, then it should be moving within the row of 3300 and 3250 as marked on the chart.
Fundamentally looking ahead, President Donald Trump said the tariffs, which will start on 6 July, are intended to reduce China’s dominance in industries. That gives us about 1 week's time to monitor and observe any upcoming developments of the intended tariffs. And not to mention, equity markets all over the world are facing a sell off; case in point, Dow Jones down 400 points last night.
I am forwarding some details as shared by my friends and clients, reposting below the Year lows and highs, as well as institutional buys and sells. Hope that it will be useful as a reference.
Group effort is always more efficient than individual effort, feel free to share with me too.
If it does not hold up at this level of 3250 by end of the day, there is a chance to move and test 3200 mark.
If it does hold up, then it should be moving within the row of 3300 and 3250 as marked on the chart.
Fundamentally looking ahead, President Donald Trump said the tariffs, which will start on 6 July, are intended to reduce China’s dominance in industries. That gives us about 1 week's time to monitor and observe any upcoming developments of the intended tariffs. And not to mention, equity markets all over the world are facing a sell off; case in point, Dow Jones down 400 points last night.
I am forwarding some details as shared by my friends and clients, reposting below the Year lows and highs, as well as institutional buys and sells. Hope that it will be useful as a reference.
Group effort is always more efficient than individual effort, feel free to share with me too.
