futures... no idea about trading them π€ looks like I have some homework to do π€
thanks for sharing BC π
@BarcodeοΌ$E-mini S&P 500 - main 2506(ESmain)$ π¨ππ₯ S&P 500 E-Mini Futures Explode 100 Points: π¨π³ Chinaβs Olive Branch to Trump Sparks Rally π₯ππ¨ S&P 500 E-Mini Futures have erupted, gaining 100 points to hit 5,391.75 after a turbulent session that bottomed at 5,340.00. The spark? A Bloomberg report, citing βa person familiar with Chinese government thinking,β reveals China is open to talks with President Trump, but only if the U.S. shows βrespectβ and names a clear point person. This could be a game-changer for markets, as easing US,China trade tensions might stabilise global supply chains and ignite a broader risk,on rally in equities. The futures chart captures the drama: a sharp reversal at 04:00 triggered a near,vertical spike, reflecting the marketβs razor,sharp reaction to geopolitical shifts. For traders, this is a critical juncture. The 5,391.75 level is now a pivotal battleground, resistance looms at 5,404.00 (a prior high), while support at 5,376.00 (the 50% Fibonacci retracement) could be tested if momentum fades. RSI is flashing overbought at 78, hinting at a potential pullback, but the trend remains π
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·. Volatility will likely surge as markets weigh π¨π³ Chinaβs conditions against Trumpβs response. Is this the start of a sustained breakout, or a trap for late bulls? Watch USD/CNY for directional signals, and deploy tight stops to navigate this high,stakes move. β οΈ Donβt get caught off,guard, opportunities like this donβt wait. π’ Donβt miss out! Like, Repost and Follow me for exclusive setups, cutting,edge trends, and insights that move markets ππ Iβm obsessed with hunting down the next big movers and sharing strategies that crush it. Letβs outsmart the market and stack those gains together! πππ Trade like a boss! Happy trading ahead, Cheers, BC πππππ Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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