When the market opens, we should receive a slight pullback, and then a burst to the north side due to all of these business/theme parks opening back up in the upcoming days. Long term target = 25500
Remember, if us30 goes bullish, these will follow:
Nas100
Ger30
SPX500
USDJPY
USDEUR
What's next for gold? We are looking to trade between the 1740 and 1720 range, in which if you watch the candlesticks you can bank out easily. You can still make money during consolidation. Be on the lookout for these zones after the market opens.
Delta is at a great spot right now on the 4 hr chart with decent volume, but if the volume continues to go downhill:
Re-enter Target #1= $20.00
Re-enter Target #2= $14.60
If these targets aren't met, we would be looking for Delta to enter and reject in our resistance zone at $33.00.
It will drop after that ONLY if Corona (COVID-19) is still going around which...
