Sell facts and "Sell in May and go away" maybe ruling in May. After a correction of Trump Movement and French Elections, the index is 20% up since Trump and 10% up from the beginning of the year - a 5% contraction would be healthy.
Later, before German elections I guess that Angela might win and pro European moods (risk-off) would help to drive the index higher than 13.000.
Besides, after vacation, I guess we will also learn more about Trump Tax Reform, if well placed we will have an additional factor.
Later, before German elections I guess that Angela might win and pro European moods (risk-off) would help to drive the index higher than 13.000.
Besides, after vacation, I guess we will also learn more about Trump Tax Reform, if well placed we will have an additional factor.
Trade active
Short at 12.700, T/P 12.100, S/L 13.000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.