G20 Trump China Up Next
G20 Trump and China up next, if they can ease the tension like Powell did yesterday Santa could be back in town. Of course, it may be coal for us if the kids don’t play nice. Yesterday we saw a huge move in the market, DJ-30 up over 600 points! The SPY has seen nothing but three days of bullishness with yesterday being the big winner. Price has nearly come back to challenge the 200- and 50-SMA’s and the close yesterday was above the 50% line from the recent high to the recent low. We should expect a little rest and inside action today and possibly a challenge of the 200-SMA before the weekend. Looking forward to pulling a few profits off the next two days.
Live Trading Alert Hot List
CYH recently was a Rounded Botmm Breakout set up and now has broken out above the 200-SMA on good volume. The 20-day chart pattern is a near perfect J-Hook Continuation pattern. With yesterdays close above $4.00 CYH may be getting ready for the next level. Add CYH to LTA-Live Trading Alerts Real Time Market Scanner watchlist for a buying alert. CYH bullish above $3.90, stop below $3.79
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