FA
+ COVID-19 is preparing to has its peak. However, the question is: Will the US medical supplies and workforce are sufficient to combat COVID-19 in the next few days?
+ Small business loans are not ready.
+ Stimulus check portal is not opened yet (at least 3 weeks delay to receive the money)
+ Upcoming unemployment is expected to be at 14 million (11-14% unemployment rate)
+ Weekly unemployment claims will be released on Thursday (04/09/2020)
+ Fed and US Treasury will have separate conferences tomorrow (04/08/2020)
+ Oil news (04/09/2020).
+ Earnings are being released. EPS is expected to drop by 74%.
+ Fed has already pumped 1.5 trillion dollars. Next, 500 billion dollars will be pumped on Thursday. Please be careful on this day.
TA
+ Buying upside is now riskier than the downside. 5% up vs 10% down at least.
+ RSI is favoring the downtrend.
+ Squeeze momentum is indicating a drop.
Good luck.
+ COVID-19 is preparing to has its peak. However, the question is: Will the US medical supplies and workforce are sufficient to combat COVID-19 in the next few days?
+ Small business loans are not ready.
+ Stimulus check portal is not opened yet (at least 3 weeks delay to receive the money)
+ Upcoming unemployment is expected to be at 14 million (11-14% unemployment rate)
+ Weekly unemployment claims will be released on Thursday (04/09/2020)
+ Fed and US Treasury will have separate conferences tomorrow (04/08/2020)
+ Oil news (04/09/2020).
+ Earnings are being released. EPS is expected to drop by 74%.
+ Fed has already pumped 1.5 trillion dollars. Next, 500 billion dollars will be pumped on Thursday. Please be careful on this day.
TA
+ Buying upside is now riskier than the downside. 5% up vs 10% down at least.
+ RSI is favoring the downtrend.
+ Squeeze momentum is indicating a drop.
Good luck.
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.