ADP payrolls fell -27k, better than market expectations of -175k, but fed members warned the unemployment rate would rise above 10%. Yesterday morning, SPX hit this round rebound high 2641 after unilateral fall. The SPY downside test of the opening of the day first focuses on the key support $246. The upside test first focuses on the $252. Stock before the...
There have been too many noises in the market recently, and most people have neglected that in a real economic downturn, the volatility will not drop after a spike. During the October-November 2008 financial crisis, VIX went back and forth four times between 70-50. What's more, it is currently at a high point of several generations. Only the Black Monday of 1987...
Today's opening will focus on the upward testing area of $ 258.5, and the downward testing area of $ 249.5. A break down below will continues to find support. Nearly 1/4 (Around 1,800 ) companies rose more than 20% this week.
Today's support and resistance level. The current market is dominated by bulls since March 20th,2020.