After the last few days when index trading has been a relatively straightforward business, today’s session was much as expected following the overnight news from China which weighed heavily across the markets. Any slowdown in China is almost certain to impact global markets, and coupled with the continued rumbling of sanctions between the US and China this too added a further dampener on markets. Trading across the three indices was in a narrow range and on days such as this, it’s key to define the levels at which trading entries can be considered and then stick to them.
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