By Chris Becker
A tenous night on Wall Street with solid earnings reports unable to breach the caution over the continued Trump government shutdown nor the tension over the US/China trade delegation, with the White House admitting a near certain 0% GDP growth for Q1 not helping either. Pound Sterling and Euro jumped higher on the weaker USD and the potential for a delay in the Brexit deadline.
Looking at the Asian session yesterday first, where the Hang Seng Index was steady,closing a few points higher at 27008 points. The daily chart shows how important it is for the market to get remain above the previous false break high at 27100 points. With price still above the weekly downtrend (black line slanting down to the right below), the bulls better be hoping this is a temporary pause:
