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Standardandpoor500

S&P-500 #SPX(possibility 1) The United States will again be open to the market, the need for large investors to buy at a low price must be accompanied by an increase in the absorption of purchase contracts, which is why I calculate a high value in volume ( contracts negotiated) (possibility 2) The United States is even more affected by the exponential increase in coronavirus rates, the decrease in consumption, even more unemployment and the hiring of the productive sector, which leads to a lack of interest in the market and a collapse towards the Fibonacci level , NASX is in a price correction zone between (Fibonacci level 0.78; 0.618) that must be validated with a rejection of the zone for the analysis to be "valid".
OANDA:SPX500USD
by franco_GCh
US Markets Testing Previous Highs Normal Economic Sentiment:The following below remains, however S&P and DJI are testing the previous high. If these markets break this I’ve added a safety point on which I will deem these market have revered from the cover turmoil and it’s ‘business at usual’, the FED will most probably still have that money printer going Brrrrrrrrrrrrrrrrrrrrr though… VERY BEARISH if the following transpires before breaking the above safety points: S&P: If P action closes below the orange line at 2723.3 attention will turn more bearish and watch for market to fall to 2460.2. In this instance will reassess market dynamics as it may bounce in this range or continue to fall Dow: The same flows for Dow Jones with P action closes below the orange line at 22931.5 attention will turn more bearish and watch for market to fall to 20842.4. In this instance will reassess market dynamics as it may bounce in this range or continue to fall If markets stay above these initial levels for the next 3 months (i’ll be surprised) however this will look like economies are back in order from COVID-19 and running ‘normal economics’
TVC:SPX
by LandenInternational