SPDR S&P 500 ETF Trust

Same old

106
ES futures are again buoyant in the morning and at present up 21.5 handles.

That's been the pattern most of the time since Mar 23.

Let's see if they fade SPY during RTH again, as has also been the pattern lately.
---------------------------------------------------------------------------------------------------
From Motley Fool. Bear case about why the next crash is on its way.
1. Our COVID-19 knowledge is still evolving
2. A second wave of infection appears likely
3. Business activity will be slow to bounce back
4. Stimulus funding is nearing an end
5. Second- and third-quarter earnings will be awful
6. Wall Street can't provide stepping stones for Q2 or Q3
7. Say goodbye to share buybacks and some dividends
8. Mortgage loan defaults are likely to rise...
9. ... As are auto loan delinquencies
10. The Federal Reserve has used up its "traditional firepower"

IMO, for bears to get traction SPY needs to close below support zone.

Market bullish case:
FED put supports markets.
Economic green shoots are sprouting.,



면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.