By CCN Markets: The Dow and broader U.S. stock market extended their rally Wednesday morning following news that the United States and China will resume trade negotiations ahead of a key presidential summit in Japan next week. The Dow’s return to record highs now hinges on the Federal Reserve, which is set to wrap up its June policy meeting in the next few hours. Dow Extends Rally; S&P 500, Nasdaq Follow All of Wall Street’s major indexes traded higher after the open, reflecting a fairly upbeat pre-market for Dow futures. The benchmark Dow Jones Industrial Average climbed 48.03 points, or
Chart for ETH/USD (4H)
Ethereum (ETH) has been in the eye of the hurricane for the last few weeks. The price has taken wild swings to both sides. The 4H chart above for ETH/USD shows that the price has to take a definitive stand now. Ethereum (ETH) has currently found support at the 0.786 Fibonacci retracement level which is a very critical level for the future price action of Ethereum (ETH).