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Trump tweets.  Futures down.

5/12/2019

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US and China are at a deadlock over trade negotiations on Sunday.  US is demanding promises of concrete changes to Chinese law.  China responded by saying it would not swallow any "bitter fruit" that harmed its interests.   

As of right now, S&P future is down 1.07% and Nasdaq future is down 1.27%.  Prospects for a drawn out trade war between the two biggest world economies are making traders very nervous. 

It is tough to trade in this environment, especially for short-term traders.  To make the right trading decisions, we ourselves rely on our system short-term indicators for the true story, as opposed to the surface emotions.  

To read the rest of this post, including our discussion on long-term signals, and to get the updated trading plan, sign up here.  You will get free access to our member section.  No credit card or personal information is required, just your email.

Also, take a look at our trading record which has locked in 43.22% profit since start of March.  If you like what you see, read more about our trading strategy here.
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