Can Market Bounce Last Today? 今日市场反弹会维持吗？

US stock market turns up as second day of US-China Trade Talk ends. Secretary of Treasury Mnuchin said the talk was constructive. Market rallies as intraday $Trin is overbought, $Tick turns up and uvxy drops. The question is, will the bounce last as investors starts to worry about Chinese retaliation on higher tariffs on US product during the weekend. Technically, Dow held support at 200 Day Moving Average at 25421. Now we want to see if S&P 500 can recover above its 50 Day Moving Average at 2860. Market will likely move higher if yes.

随着美中贸易谈判的第二天结束，美国股市反弹。 财政部长Mnuchin说这次谈话很有建设性。 市场盘中反弹，$ Trin超买，$ Tick上涨而uvxy则下跌。 问题是，随着投资者开始担心中国会否在周末对美国产品征收更高的关税进行报复，反弹是否会持续。 从技术面来看，道琼斯指数守住200日移动平均线25421水平。现在我们想看看标准普尔500指数能否回升至50日移动平均线之上2860点以上。如果是则市场反弹会继续。