US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(DEC4) (ESmain.US)$(4 Hour Chart) -[BULLISH↗ *]We turn slightly bullish as we expect price to take a pause near 6000 support level before pushing for 6050 resistance level. Technical indicators are mixed, with MACD showing a bullish scenario. Alternatively: A 4 hour candlestick closing below 6000 support level would open next drop towards 5940 support level. $USD (USDindex.FX)$(4 Hour Ch...
I followed$WUXI APPTEC (02359.HK)$earlier in the year when US was contemplating a bill to ban us entities receiving government funds from doing business with China biotech companies which includes Wuxi Apptec. The bill is now to be submitted to Senate. Wuxi Apptec has been dumped such that it became cheaper,. Wuxi Apptec decided to throw in the towel by selling their us operations while they still could get a good price. Thus, its shares exploded higher....
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ *]We turn slightly bullish as we expect price to take a pause near 6000 support level before pushing for 6050 resistance level. Technical indicators are mixed, with MACD showing a bullish scenario.
Alternatively: A 4 hour candlestick closing below 6000 support level would open next drop towards 5940 support level.
$USD (USDindex.FX)$(4 Hour Ch...
The bill is now to be submitted to Senate. Wuxi Apptec has been dumped such that it became cheaper,. Wuxi Apptec decided to throw in the towel by selling their us operations while they still could get a good price.
Thus, its shares exploded higher....
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