The plan for $2 trillion will not support the market in long-term period.
The Dollar will not win by the Trump plan for $2 trillion. Our expectation is temporary gains of Dow Jones, Nasdaq, S&P and so on but the Dollar may lose ground against the Euro to levels of 1.14 in the coming couple of days.
The Trump idea for battle with the Corona Virus changes too often. That moves the market into different direction every day. Dow Jones currently is at levels of 22100 as the recovery continues after the huge investment plan of $2 trillion. The Dow recovery may go to levels above 24000 in the coming days. The Covid-19 spread in United States too fast to believe that the money will help to the economy. Therefore tour strategy to expect new low levels of Dow Jones even deeper than 18000 in the next month.
The Dollar will not win by the Trump plan for $2 trillion. Our expectation is temporary gains of Dow Jones, Nasdaq, S&P and so on but the Dollar may lose ground against the Euro to levels of 1.14 in the coming couple of days.
The Trump idea for battle with the Corona Virus changes too often. That moves the market into different direction every day. Dow Jones currently is at levels of 22100 as the recovery continues after the huge investment plan of $2 trillion. The Dow recovery may go to levels above 24000 in the coming days. The Covid-19 spread in United States too fast to believe that the money will help to the economy. Therefore tour strategy to expect new low levels of Dow Jones even deeper than 18000 in the next month.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.