Reuters released an article today stating,
"China says U.S., China working towards removing all tariffs"
https://www.reuters.com/article/usa...ng-towards-removing-all-tariffs-idUSB9N1X604L
Wasn't this the news that everyone had been waiting for...?
The main reason that the stock market had been going down...?
If the 'trade tariffs' were the real reason for holding the stock market down, then you would of thought we should have doubled or even tripled today's move on high volume..
Most commodities and futures have also come off their highs..
Not convinced this move will last more than a few days and I believe it will be sold down into, heavily on the first bit of 'bad news'.
Keen to hear others opinions
ASX 200 - Daily Chart
Bullish engulfing candle on just average volume..
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