Swing Trades DAX/DOW/NQ/GOLD

State of Freight
Trump tariffs lead to surge of companies parking imports in tax-free ‘foreign trade zones’

 

1. Foreign trade zones and bonded warehouses are specially designated, secured storage or manufacturing sites approved by U.S. Customs that allow for the temporary avoidance of tariffs.
2. More companies started looking to FTZs between the presidential election and start of Trump’s new trade war

That will cost a little fortune to store it for some time. Could be weeks or even months.

Future profits evaporate over time

What bloodbath today, luckily I'm out thanks to European closed markets. Trump intentionally searching for wild chaos and new markets collapse to blame US Fed not to cut rates, while his Tariffs will only lead to an obvious general price increase.

If he will be able to fire Powell, circuit breakers will explode for sure, 1930 style. wel'll see...

https://www.forexfactory.com/thread/...6#post15222416

No prediction. Just an idea. Time will tell

All markets some 3.5% down Tdy. That makes America great again.

MNQ Long 17.733 5 lot
T1 +14/15p 4 lot
1 left SL BE
Last closed BE

17.750 is RS for now

DOW hit the 38K Could drop further to 37.950 WS2 (Up target 38.150 -3.0% zone)

SnP could drop further to 5100 zone (5140 RS for now)

NQ could drop further to 17.600 MS2<>17.500 WS2 (17.750 RS for now)

YM & MYM Long 38.075

YM closed +25/27p 2 lot

MYM still last 2 lot running/SL BE
Closed +55p at target

(Up target 38.150 -3.0% zone)

MNQ L 17.754 2 lot
T1 +22p 1 lot
1 left SL BE zone
Last closed BE

Target 800

Still 2 lot MES running
Both closed BE. No 5150 cross for now.

5150 RS DS3 zone

See if they can hold these zones and make higher lows.

I doubt it.

NQ doesn't want to go up so far. Looking for lower levels.
700 SP level for now/for what its worth

DOW & SnP still hesitate what to do.....

Jerome Powell is a financial wizard. Orange Julius bankrupted a casino and several other of his compagnies.
I know whose opinion I trust more.

He is hammering the last nails in the USD coffin for which reason the Gold doesn't stop surging higher. $3440

750 = RS zone

Last lot/SL BE zone
Closed +25p last lot

ES Long 5139.25 1 lot Higher low

Closed +3.75p 1 lot

MES still 2 lot long running
Closed +12/13p last 2 lot

5148/50 still RS zone

YM Mini long 38.083 last lot
YM closed +59/60p last lot

MYM still 2 lot running/SL BE
Last 2 lots closed +265p at 350 zone

MYM Short 380 last 2 lots
Closed +58/60p

MNQ Short 940 last lot (WS1 SP now).
Closed +42p last lot

MNQ Short Scalp 18.031
T1 +15p 4 lot (@ +0.5% zone)
1 left +40p locked in.
Closed +40p

Target DPP & Y close/WS1

18K/DPP = SP zone

MES & ES short 5213 & 5212.75

ES closed +8.75p

MES
T2 +9.5p 1 lot
1 left
Closed +9.5p

At D VWAP/5200 zone now which is a SP zone

Below 5200 likely short again for the Y close at 5185 zone

MES short 5249.50 5 lot from +1.25% 50 zone (BRN)
T1 +7p 4 lot
1 left/SL BE
Closed +14p at +1.0% zone

Target +1.0% zone