S&P 500 / Downtrend: MAY-JUN 2020 - Break-out or New Lows?
We are getting very close to the 61.8 retracement level. This is the time to go short/puts, or if you are a V-Recovery type of trader, then buy more.
I think this key Fib-level is coming in right on time for earnings season. I think we are going to see a reversal of the current trend as early as 4/15/2020. This of course, will take some time to see new lows, as late as July.
I think this key Fib-level is coming in right on time for earnings season. I think we are going to see a reversal of the current trend as early as 4/15/2020. This of course, will take some time to see new lows, as late as July.
Pernyataan Penyangkalan
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.