Green indicating supports and red indicating resistance, arrows indicate how my portfolio will change from bear/bull on how the S&P will react when it meets resistance/support levels. This is only my opinion and should NOT be taken as investment advice, any feedback would be greatly appreciated.
SPY is due to fall further within this/next week unless global Covid-19 growth rate falls significantly, not very likely to happen as of today. Low oil prices, service sector looking to collapse and historic corporate debt levels are just some indicators that we are pointing towards a recession. All fundamentals pointing downward, FED seems to create a bull...
If you are invested in OSEBX through index or stocks, watch the next days for a direction to form. No sign of recovery of Oil prices and with an oncoming "recession" not looking good for Oil. Will hold short position on OSEBX until either a clear trend is forming in either direction. This is only my personal analysis and should NOT be taken as investment...
Confirmed cases and death toll in US skyrocket over weekend, NYC in lockdown by monday? Seems like the bounce back last week was a bull trap, looking forward to hopefully high unemployment number on friday. I'm new to charts and eager to learn, so any feedback would be appreciated!