FA
-Cov-19 death toll spiked today
worldometers.info/coronavirus/country/us/
-FED is preparing to buy ETF (mainly bad corporate debt)
marketwatch.com/story/fed-says-it-will-start-buying-corporate-bond-etfs-in-early-may-2020-05-04
-More economy data will be released during this week.
tradingeconomics.com/calendar
TA
Tomorrow, we will expect to see a reversal signal, if and only if SPX opens with a gap down and hold 2840 level (below EMA) til closing.
SPX touched the EMA (length: 30). If it breaks and goes below it, that's the bearish signal.
RSI, Squeeze: neutral
Bottom line: stay neutral until bearish signal (reversal) appears.
Good luck.
-Cov-19 death toll spiked today
worldometers.info/coronavirus/country/us/
-FED is preparing to buy ETF (mainly bad corporate debt)
marketwatch.com/story/fed-says-it-will-start-buying-corporate-bond-etfs-in-early-may-2020-05-04
-More economy data will be released during this week.
tradingeconomics.com/calendar
TA
Tomorrow, we will expect to see a reversal signal, if and only if SPX opens with a gap down and hold 2840 level (below EMA) til closing.
SPX touched the EMA (length: 30). If it breaks and goes below it, that's the bearish signal.
RSI, Squeeze: neutral
Bottom line: stay neutral until bearish signal (reversal) appears.
Good luck.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.