2019 Q2 S&P 500 Outlook
Diupdate
The equity market had a bullish run today with a strong number on job number and positive comment from Fed Chairman. The positive sentiment is already baked into the market and sign of weakness is showing in technical analysis. Based on the Technical Analysis, the market is expected to continue the bear market trend and retest 2016 high. The GenXInvesting strategy has a short position open since October 2018 and will take some profit on Q1.
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GWK
Happy Trading
GWK
Catatan
If you are interested in the bitcoin, gold, and equity market outlook, please checkout steemit post steemit.com/cryptocurrency/@genxinvesting/near-term-outlook-for-usdgld-usdbtc-usdspx for details. Please leave comment for future analysis and content request.Trade aktif
GenXInvesting has entered into a short position in the market with reverse ETF SDS, SPXU.Catatan
Definitely wrong on the Elliott Wave Analysis, I have posted updated outlook which is still bearish sentiment given the fundamental and technical
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