S & P: stocks will dump further
Updated
money flows either in bonds or in stocks, it very much looks like we got a decision in stocks on friday new york session , when stocks broke significant trend levels and first time closed outside their huge uptrend range they moved in since corona crash. Whilst bonds closed significantly higher.
We are still at decision point, we could confirm a new downtrend here, what i consider as more likely, as we broke down on friday, already retested the break, got confirmation and closed outside the trend levels.
We are still at decision point, we could confirm a new downtrend here, what i consider as more likely, as we broke down on friday, already retested the break, got confirmation and closed outside the trend levels.
Trade closed: target reached
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