Get ready for a volatile ride. I believe we will be correcting and stocks will remain volatile for a good time. If we break the trend line in red then SPX will be in trouble. Its too soon to speculate about a recession but i believe with the current coronavirus "pendemic" companies will miss earnings and there needs to be a good catalyst to change the direction of the market. Big gains can be achieved in these market conditions. Good luck and happy trading!
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.