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Was interesting @PandaFace, even more so now as people realised Trump was only discounting the most severe response  to China (for the moment), not actually halting the 'trade war'.

Bounce off the 200 MA on the 1 hour chart and back to retest 24084.

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fair go, the failure to break through the blue rectangle was crucial for further downside. Now looking for resistance (sellers to step back in) and the most likely area is just before the red 29400 de

That is the 50% retrace for  the Dow and S&P. 

Interesting S&P daily shaping up 👇

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The indices are searching for support but we may well be getting close to the end game here as Trump threatens to go 'all in' with a tariff on the remaining imported goods from China ($500 Billion). Chinese can't respond in kind and have started to talk of a boycott instead, time to do a deal?

4 Hour charts;

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Yesterday dow breached resistance while dax hesitated, today could swing on the Juncker visit. Trump will do a deal if the EU have anything to offer. A nice break upward for the ftse but the bulls will want to see some continuation.

Charts;

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HI @Kazeko, I don't trade the Nasdaq but included the post on it a week ago as it made an all time high and many think it is something of a leading indicator for indices. If I were a long-term trader (which I'm not) I wouldn't be trying to pick the highs. The uptrend prevails and with no resistance levels ahead where the bears might ambush price dip buying is the only play until the bears have shown they have taken control.

I look at the Dow every morning as it is often a leading indicator for the other global indices then I look at the Dax as that is the one I'm going to trade. If the dow looks bullish I would be looking for similar signs in the dax but more importantly I am looking for price to move from one support/resistance level to the next on an intraday basis.

This morning there were mixed signals but if you look at yesterday's dax post price was moving up off clear support and the target was also clear and that was indeed how the day transpired.

So I don't really try to make predictions, basically I'm looking for clear direction with a clear target then I'm looking for an opportunity to jump aboard.

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Dow hoping for support off 25500 while Dax looks to have rebounded off the recent trend line. FTSE climbing into stacked resistance levels while Nikkei trying for another leg back up to 22789.

4 hour charts;

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Big 350 point drop in the Nikkei seems to be pulling all else down though not to the same degree. Nikkei trying to keep in touch with support level 22344 but there is a big gap down if loses it's grip. FTSE resting on solid support while Dax and Dow are still looking.

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