Opinion : Check out the trading range breakout 3066/ 3100
U.S. indices are expected to break record levels, as European stock exchanges did in the middle of the year. Not surprisingly, the Sino-American trade talks raise their share of uncertainty and could encourage operators to take profits. More concretely, it is the lack of major progress that raises questions.
From the point of view of economic statistics, investors have just taken note of the higher than expected unemployment registrations at 225K, and producer prices up by 0.4%.
New York index futures report a Wall Street opening down between 0.15% and 0.35%
Technically, it is difficult not to highlight the neutrality of the time configuration given the horizontal oscillation of prices over the last five sessions. In this context, we will continue to follow the exit of the 3066/3100 points to act in both directions