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: Weak US data drags markets down, precious metals under pressure again!
US Open: Wall Street rises despite weak retail sales
US2000 near record levels 🗽 What does NFIB data show?
Chart of the day 🗽 US100 rebound continues as US earnings season delivers