Singkat
Short indices
I think the worst has yet to come to the markets, as we are discovering the real impact COVID-19 has on the economy. Right now US30 and other indices appear very inflated.
After testing some highs, I am looking to short US30 trailing stopping it to previous March lows.
• US-China trade war tensions still lingering
• Lower daily highs
• Sluggish easing of COVID-19 regulations
• Rising gold prices
• Dismal US economic data released this past week
• Huge losses in earnings of major companies
• Less consumer spending
• More money printing
• Possible second wave of COVID-19
• RSI divergence on the daily chart
• Possible W pattern formation
What are your thoughts and comments?
Happy trading!
After testing some highs, I am looking to short US30 trailing stopping it to previous March lows.
• US-China trade war tensions still lingering
• Lower daily highs
• Sluggish easing of COVID-19 regulations
• Rising gold prices
• Dismal US economic data released this past week
• Huge losses in earnings of major companies
• Less consumer spending
• More money printing
• Possible second wave of COVID-19
• RSI divergence on the daily chart
• Possible W pattern formation
What are your thoughts and comments?
Happy trading!
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.