Equities are starting to display a typical risk-off tone.
US and China fired words back at each other suggesting
further escalation in the trade war, while Mnuchin confirmed
there are still no plans to go to China. The US is also
looking to announce Huawei type bans on other Chinese
intelligence companies.
We like the odds of further downside in the Nasdaq
today. Continuation breakouts are favoured.
US and China fired words back at each other suggesting
further escalation in the trade war, while Mnuchin confirmed
there are still no plans to go to China. The US is also
looking to announce Huawei type bans on other Chinese
intelligence companies.
We like the odds of further downside in the Nasdaq
today. Continuation breakouts are favoured.
