Will Stock Market Reverse Today? 今天股市会反转吗？

Donald Trump claimed trade talk is going very well and Tariff hike deadline will be extended. This is the best news for the US-China trade talk and an agreement is pretty much a done deal. How the market react to the news today is critical for whether the rally can continue. After prolong market bounce ， it is normal for investors to sell on good news, so beware. Here are some evidence that the market may reverse:

1. Indexes are still facing resistances and they are S&P 500 2815-1817, Dow 26278, Nasdaq 7600 and russell 2000 1600.

2. Now the good news from trade talk is out investors may start to worry about Brexit and European trade talk, global economic slow down and Q1 corporate earning slow down.

3. Donald Trump said crude oil price is too high this morning and triggered a sell off in oil price. WTI oil is down 3.35%.

4. Volatility ETF VXXB has been down 2 months in a row which indicates investor sentiment optimism is at extreme level. VXXB has recovered most of this morning's losses.




唐纳德特朗普宣称贸易谈判进展顺利，加关税期限将延长。 这是美中贸易谈判的最佳消息，协议几乎已经是囊中之物。 市场对今日新闻的反应对于涨势是否能够持续至关重要。经长时间的反弹后的股市在好消息出来后被抛售是股市的惯性， 所以要提防。 以下是市场可能逆转的一些迹象：

1.指数仍然面临阻力，它们是标准普尔500指数2815-1817，道琼斯26278，纳斯达克7600和罗素2000 1600。

2.贸易谈判的好消息出来后，投资者可能开始担心英国脱欧和美欧贸易谈判，全球经济放缓和第一季度企业盈利放缓。

3.唐纳德特朗普说原油价格太高，导致今天油价暴跌。 WTI原油下跌3.35％。

4.波动性指数ETF VXXB连续两个月下跌，表明投资者乐观情绪处于极端水平可能随时反转。 VXXB已经收复了今天上午大部份的损失。