ISM/SMH, Asia & Euro markets are moderately positive.
ISM number at 10 AM will likely move market.
$SOX is trading in a trading range as we discussed SMH.
While China $SSEC has shown bullish price actions finishing the day with 2% gain, Japan $NIKK performed opposite 1.5% loss. This could be viewed as $NIKK perceives China as economic competitor in exporting to U.S., but of course there are many other factors impacting the economies of Asian countries. $NIKK is also trading near the recent high, though.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.