It's all a matter of perspective and which news you believe. Or maybe you are sensible, to ignore the news and see what's on the charts.
The people who deliver the news have no inside knowledge about the markets, and most of them do not do a multi-timeframe trend analysis. They may deliver the 'truth' relative to their own perspective and shorter outlooks....
Wall street and many other stock indices are at critical positions.
In this video I drill into the action today, from the monthly down into the 5 min time frame, approaching end of the day's session.
The GER30 is in a critical position and fighting hard to stay afloat. It rules the world.
In general the GER30 does not like a strong EURUSD. And the US30 does...
I apologise for fuzzy video quality in latter half of this video. It's problem I'm having in a few vlogs, that doesn't seem related to my system or internet connection.
But fuzzy as it becomes the overall outline of the potential reversal set up is still well visible.