11Aug12:34 pmEST
All is Not Fine on the Rhine
The country ETF for Germany, below on the daily timeframe, is in a precarious technical position here, as the highlighted triangle is at risk of breaking down imminently. With all the focus on China, the Fed, and Greece of late, it is worth watching Germany to see if it breaks down, considering how large of an economy it is.
Speaking of China, BABA is looking weak, too, before earnings tomorrow morning before the bell.
As for the market at-large, we are playing great defense inside Market Chess Subscription Services, still, as the market remains dodgy on many fronts. I will discuss this in-depth for Members in my usual Midday Video, filming now.Stock Market Recap 01/13/20 ... Stock Market Recap 01/14/20 ...