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Nasdaq Dubai Plans to Start Equity Futures on Saudi Companieshttps://www.bloomberg.com/news/articles/2018-05-21/nasdaq-dubai-plans-to-start-equity-futures-on-saudi-companies
its a wolf wave and sometimes such wave does not fill the gap just follow the 4 hours candle.its my perception it will end at 7020 round.so if it takes a dip near 6900 then its a good for buying with stop 6873.
Pretty much ALL the good news & earnings have been factored in as far as I can tell.
Any ideas on what additional good news might move this market higher???
I’d encourage you all to look at various measurements of inflation. I believe inflation is much higher than governments worldwide are reporting because so many cost factors, especially wages & pensions, are tied to inflation. It’s been done for decades. Changing the calculation many times.
What do you think?
Here is an alternative calculation by Shadow Stats
Look at the assumptions & gap
Inflation is important to the market
http://www.shadowstats.com/alternate_data/inflation-charts
China agrees to ‘substantially reduce trade deficit’ to avoid trade war with US, White House says...They did not agree to any concrete number but they are willing to reduce trade deficit by a lot. 200b might not even be a realistic number to begin with.
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