China Service Sector Expanded, according to Trading Economics, more and more economic news is turning positive it is slow growth.

Homework Go through the Trading Economics News Feed a few times a day get a feel for the Markets: Daily Bar Charts 15, 30, 60 and 100 moving averages (MA). Are the moving averages acting as resistance or support? Converging or Diverging? Trendlines as resistance and support: Are they trading sideways in a triangle, looking for a breakout up or down? What are the new levels of resistance and support using trend lines? What are there waighting given how many times they touch the market? Gaps: what sort of gaps are they? Breakaway, exhaustion, etc. Patterns, Stochastics.

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