During such a general crisis, things are very complicated for all stocks and everything depends. The fundamentals are key here and any decision by Trump can change things in a second and that is why we say how far, not how far will it fall. Given the possible further decline of the SP500 to around $5360-5400 and based on the 4-hour chart, it is clearly seen that the dynamic support line from the accumulated volume lies at around $29.5 and $30.5. The reversal signals are clear (the green triangles below). Therefore, it is very unlikely that we will see a drop below $30. This is a very good entry point, but I do not advise anyone to trade until April 2, although I think things will become clear later today or tomorrow.
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.