FED has pumped their money into the stock market sooner than expect (before this Friday 03/20) to calm the sell-off. However, in after hour and future index, there is a massive sell-off right now. Soon, it will hit the 5% down limit again. Be wise.
2 reasons:
+Trump administration bans gathering of 10
+He also shut down most the restaurant, effective immediately, on Tuesday 03/17.
This is a huge deal, as food services, travel, retail make up 1/3 of US industry.
Millions won't have job in those sector in the upcoming month.
Technical: SP500 movement will drop below the resistance line in created in 2018
Please be safe, don't go long.
2 reasons:
+Trump administration bans gathering of 10
+He also shut down most the restaurant, effective immediately, on Tuesday 03/17.
This is a huge deal, as food services, travel, retail make up 1/3 of US industry.
Millions won't have job in those sector in the upcoming month.
Technical: SP500 movement will drop below the resistance line in created in 2018
Please be safe, don't go long.
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.