INDEX FUTURES AND THE CHINA TRADE DEAL!

Whether you like Donald Trump or not, he seems to have a way of wooing wall street! A meeting between President Trump and the Chinese vice premier is set for tomorrow! What does this have to do with trading? Well, if the meeting is positive, we will see an immediate reaction in the major indexes such as the Standard and Poor’s 500 (S&P 500). Futures ticker /ES will be a solid watch. If a trade deal is met, the ES will possibly go for a huge push as we have already seen a bullish reaction to just the idea of a trade deal possibly coming in the near future.

Here at THEFREEDOMGRIND we will be watching this political interaction closely tomorrow as well as the ES mini future for the market reaction.

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