US500 Could Rise Further After U.S - China Trade Framework

US500 could rise further after U.S.-China Trade Framework - Bloomberg


After two days of marathon negotiations in London, the U.S. and China agreed to a “framework” for resuming a trade truce that had unraveled in recent weeks. Top economic officials from both countries are expected to present it to President Trump and Xi Jinping, China’s leader, for final approval.

This news could boost the stock market today, and the US500 could rise further after the two leaders confirm this agreement.

US500 is well-positioned for another upward wave.

The price broke out of a bullish triangle pattern, suggesting further gains.

Key upside targets are 6100 and 6240.

You may find more details in the chart!
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