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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble1	4/9/2025 3:57:52 PM
	3 Recommendations of 41036

Turns out my #1 Scenario posted on 3/28 nailed it close enough. Let’s hope this finishes up the wild daily drama and we can get back to normal swing trading! Message 35081517 BUT: STILL Need to be careful: The president also said in a social media post that he was raising the tariffs imposed on imports from China to 125% “effective immediately” due to the “lack of respect that China has shown to the World’s Markets.” China, which is the U.S.’s third-largest trading partner, earlier Wednesday said it would increase its tariff rate for imports from the U.S. to 84%. Trump said “more than 75 Countries” contacted U.S. officials to negotiate after he unveiled his new tariffs last week. Stock market indices rocketed sharply higher Wednesday on Trump’s announcement, reversing four days of losses. The benchmark S&P 500 index leapt by 7%, which puts it on track for its largest single-day gain in five years. When asked later about the reason for his decision, Trump told reporters, “Well, I thought that people were jumping a little bit out of line.”

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