Swing Trades DAX/DOW/NQ/GOLD

MNQ Scalp Long re entry 20.940 last lot
T1 +17/19p 2 lot
1 left
+40p locked in last lot

21K hit. Missed the 21K exit
Closed +52p last lot

MNQ Little scalp Short reverse trade (from 21K zone) @ 990
T1 +24/25p 2 lot
1 left for 950 zone
Last closed +23p

Most of Nvidia’s advanced artificial intelligence chips are manufactured by TSMC in Taiwan.

Trump, on his campaign trial, has complained that the island stole the U.S.′ chip business, and said he would impose tariffs on chips from Taiwan.

Shares of Nvidia plummeted Thursday after the chipmaker announced earnings Wednesday, wiping out billions in market capitalization. If tariffs on Taiwan are implemented as well, the picture will look much uglier, and not just for the chipmaker.

Nvidia shares plunged 8.5% on Thursday, wiping out $273 billion in value and giving the company a market capitalization of $2.94 trillion

U.S. jobless claims for the week ended Feb. 22 totaled a seasonally adjusted 242,000, up 22,000 from the previous week’s revised level and higher than the Dow Jones estimate for 225,000, according to a U.S. Labor Department.

It might seem questionable for a country to impose tariffs on its biggest trading partners, especially when its economy is showing signs of shrinking, the stock market is sagging, prices remain stubbornly high and consumer sentiment is downbeat.

That’s because tariffs are “a tax on goods,” as Warren Buffett describes them, adding that they are “an act of war, to some degree.” In other words, they generally increase the cost of imported goods. Companies would either try absorbing the expense, which means a drop in revenue, or pass it on to consumers, possibly triggering an upward shock in prices.

But U.S. President Donald Trump said tariffs on Canada and Mexico are scheduled to go into effect Tuesday. His administration is also insisting such levies will not increase inflation, while encouraging allies to introduce tariffs on China as well.

Sure. Mexico and Canada will help the US with introduce tariffs on China. Don't think so

Tesla’s market cap sinks below $1 trillion as stock slumps more than 8%

 

1. Tesla shares sank 8% on Tuesday and have now lost most of their gains that followed President Donald Trump’s election victory in November.
2. The stock has plunged 25% this year, while the Nasdaq is down just 1.5%.

CEO Elon Musk has lost more than $100 billion in net worth over that stretch, though he is still the world’s richest person, with a fortune valued at about $380 billion.

When he starts wearing a suit, (and stops playing with a chainsaw) he could regain some respect again maybe?

Recent US data are not good, I mean retail sales, consumers spending, consumers confidence, home sales, inflation expectations, jobless claims, even Service indicator below 50.
In 1 word, CONFUSION and UNCERTAINITY reign in US and driven down in significant way most or all economic indicators.
TRUMP likes to threats but till now no real bite so far......but again CONFUSION and UNCERTAINITY for now are leading only to bad data........and to a stronger opposition to US worlwide. We'll see Dutchy, we'll see....

MNQ Long 20.962 5 lot
T1 +10p 3 lot
2 left
1 closed +11p
1 left/SL BE zone
Closed +42p

20.980<>21K is a road block again

SnP stuck at Fridays high. Needs to pop to +0.25%. NQ will follow to +0.5% 21.025 zone then.

NQ knocking on the 21K door.
SnP at +0.25%. NQ need to break the 21K now and up to 21.025 +0.5%>>050>>075 WPP & +0.75% & DR1 zone

ES Mini Scalp long 2 lot 5971.75
T1 +4p 1 lot
1 left / SL BE
Closed +3p last lot (closed to early. Left $400 on the table so far )

MES Micro long 5971
T1 +4.5/5p 3 lot
1 left / SL BE zone
Closed +11p last lot

RS at 5980/85

MNQ L again 21.006.25 last lot
T1 +15/16p 4 lot
1 left
Closed +5p last lot

@ +0.5% 025 now. Stalling here


SnP heading for +0.5% 5994/95 now/NQ to +0.75%/WPP 21.050/060 likely

Next NQ stop at 21.125/30 +1.0% zone (if SnP pops to 6000<>6005 DR1/+0.75%)

Daily GAPs down to Friday highs & closes.

Gold long last lot @ 2878.6
T1 +48/50p 3 lot
1 left SL BE +3

Closed +45p

Gold still Bearish and entered a RS zone 2885/86

Guru's expect Gold hits the $3000 soon

ES Mini Long 5985.5 1 lot
Closed +7.5p

MES Micro long 5985 5 lot
T1 +6.5p 4 lot
1 left SL BE
+10p locked in

Up to +0.5%

MNQ Long 21.035.25 last lot
T1 +18<>20p 4 lot
1 left
Closed +41p at target

MNQ & SnP still in last lot Swing trade

SnP almost at +38% recovery FIBO level

NQ almost at +50% recovery FIBO level from last week plunge

MNQ Scalp short 21.080 last lot
Last lot closed +13p

WPP is likely SP now

ES MIni Short 1 lot 5996 (6K rejection)
Closed +4p

US markets stuck at PP levels.

Daily GAPs to close.

Will be careful with new longs now. Light trading from here.

ES short again 1 lot 5989.25
Closed +4p 1lot

MES Short 3 lot 5989
T1 +4p 2 lot
1 Left SL BE

ES Mini Long again 5989.5 2 lot
T1 +2.25p 1 lot
1 left/SL BE
Last closed +2.5p

MNQ Long closed +75p at Y close zone (last 2 lots)

MNQ new Swing long 5 lot from 50% pullback
T1 +92/95p 4 lot at Y close zone
1 left
Last close +64/65p at 900 zone