I was trying to figure out how they were gonna pump the market with all this bad news. Apparently were doing the China talks redux, futures up big on "talks".
Note how the pump started right as the Euro market opened. As I keep saying, the Euros control US market open
In any case, don't short until you see overbought condition and MFI divergence. Bull flag target shown, but keep in mind that the market has hit ATH on "talk" news before, lol.