European and U.S Indices extended their overnight gains on the hope that a proper vaccine will be in place by the end of this year and distributable on a mass scale in early 2021. Vaccine approval would be great for global equity markets as individuals everywhere would like to return to their pre-COVID-19 routines. A vaccine would go along way to allow this to happen. European Indices ended Monday with solid gains of +1.5%, about 0.5% off their earlier highs. However the U.S Indices turned negative in the last hour of trading in what turned out to be a dramatic session for the NASDAQ 100, which earlier made a new all-time high at 11070 before falling 550 points into the close for a significant Downside Key Day Reversal, closing at 10606. The sell-off happened on the news that California would close all operations for bars, including takeout. The State also closed operations for Gyms, Cinemas and Museums. This announcement is sparking more fears of wider shutdowns across America which could hamper economic recovery. The NASDAQ ended the day lower by 2.16%. Elsewhere, both Gold and the Dollar closed lower whole Oil fell 2.10% on reports that OPEC was considering increasing production.

To mark my 2100th issue of TraderNoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 4 updated emails throughout the trading day To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on bryan@tradernoble.com for details

For anyone following my Platinum Service it made 310 points yesterday and is now ahead by 1840 points for July, having made 2580 points in June, 2456 points in May, 4773 points in April, an incredible 9264 points in March, 2223 points in February and 2142 points in January. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points

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