By Chris Becker
US stocks retreated overnight as volatility ramped up on the North Korean situation. Bonds were sold off as oil remained subdued awaiting the end of the two-day long OPEC meeting while the USD asserted itself against the majors.
Yesterday in mainland China the Shanghai Composite has closed up only 2 points higher to 3281 as it tries again to get up to and breach the next obvious resistance at the 3300 point level. While the uptrend remains intact it may not have the momentum here to finally push through, setting up for a very interesting retracement:
