Dear friends, I expect another market sell off this week. Why? Because EUR/USD is going up very fast, S&P500 is falling down and if the gold start declining on Monday then there is high chance of having another market crash. As you can see on the graphs on Feb-20 as the SPX500 started declining EUR/USD started going up but gold was going up, then the day after on Feb-21, when investors realized the market is crashing they started liquidating everything including gold as well. Oil price also crashed. Yesterday on Friday SPX500 went down almost 3% (very big warning) and EUR/USD jumped up 1.1 (another warning) but gold and oil were going up.
My estimation for Market on Monday is appreciating EUR/USD 1.2, another 3% off for SPX500, -1% for gold and -10% for oil WTI. How far will I be from the actual data? We will see ;)
Thank you for your attention and please write me your estimation if you can.
Have a nice weekend!
My estimation for Market on Monday is appreciating EUR/USD 1.2, another 3% off for SPX500, -1% for gold and -10% for oil WTI. How far will I be from the actual data? We will see ;)
Thank you for your attention and please write me your estimation if you can.
Have a nice weekend!