The ES is down 40 points at this writing and all the world seems confused. Don't be.
This move is due largely to the US president saying he would put more pressure on China via a lot more tariffs.
Maybe he will... maybe he won't. It's no consequence... price action will lead the way.
I don't talk about macro and microeconomics, but then why would I given that the charts tell me the only story that I need to know?
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