US and China signed the PhaseOne trade deal yesterday and while there is a lot of skepticism in comments, US markets move relentlessly higher and US500 has just broken 3300 for the first time ever. Technically, a divergence with a 14-days RSI could be a warning but we are yet to see any bearish candle formations. Traders will await a quarterly report from Morgan Stanley and US data on retail sales later today.

Daily Summary: Dollar at 1-year high, stocks rebound on renewed risk appetite 🚀 (18.06.2026)
US100 rallies 2.7% before the weekend 🚀
US OPEN: Indices Recover Amid More Expensive iPhones and GTA 6 Preorders (18.06.2026)
China nears bear market territory 🚩 Alibaba and Tencent lead selloff