Short
US30 Short Continuation?
There are so many catalysts, and potential factors that may continue to spiral downward on the start of this bearish stock market. For one, extended quarantine efforts may be necessary which will definitely limit business potential to appreciate, Corona fear is still the medias main concern and sentiment continues to be negative, Spending deficits, and many figures have reached all time highs or lows. , Oil Plummeting due to relations between Saudi Arabia and Russia, Heavy QE, Financial conditions similar to 2008, and -30% loss similar to great depression. Astronomical, yet expected unemployment numbers. Global conditions and sentiment is still highly negative. If trend still continues to be negative Dow may even tap into 16000. Economic data is expected to post real poor performance as the corona virus impacts the financial markets.
investing.com/analysis/job-losses-soar-and-us-dollar-follows-heres-why-200520605
This article breaks down a real good analysis on stock performance and forex.
Im short on dow until news improves.
investing.com/analysis/job-losses-soar-and-us-dollar-follows-heres-why-200520605
This article breaks down a real good analysis on stock performance and forex.
Im short on dow until news improves.
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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.