I thought yesterday that from a technical chart perspective, then the area of resistance is 4903 to 4914. Today’s high is so far 4913. The market was initially unable to pierce through this area. Does this confirm the resistance and wave structure? Or does the resistance need to be pierced, followed by a drop through the trend line? I am not a technical analyst or chartist, so I do not know.
Also, while yesterday I was thinking about the economic divergence between the US and Europe, a French limbo appears be in the works following the German limbo – in my news headlines today. At the same time, more and more are news headlines are talking about tariffs and the threat of tariffs.
Oh, and I completely missed the news surrounding martial law in South Korea (overturned by parliament).
