Category: 2. Strategy
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Volatility is back: watch the averages & RELAX
The Trade War saga continues. Markets are turbulent this week as China reneges on previous negotiation terms and Trump fires off feisty tweets How to handle the volatility? Watch the moving averages. a. S&P500 is about 1.5% away from breaking its 50 day moving average (dma). The fair value level is around its 100 or…