Hello Traders,
Fundamental Analysis:
Like other big investors that we have in US, i will tell you what they say "It is just a fake movement, the stock market is weak",
We all see all these thinks with Covid-19, 22 million people from US are in unemployed right now, 1 million people that have Covid-19....Bla Bla Bla.
Just think about it, no employers, no production, only money from Fed, and the stock markets is rising ?!
People start to realize that everything that is on the news is just to put fear in people minds, search for Dr. Rashid A Buttar.
Tehnical Analysis:
-breakout of trendline (sell signal)
-retracement from resistance (sell signal)
-big bearish divergence on MACD (sell signal)
Leave a like and follow for more ideas!
Enjoy it!
PS : Is my vision, make your own choices.
Fundamental Analysis:
Like other big investors that we have in US, i will tell you what they say "It is just a fake movement, the stock market is weak",
We all see all these thinks with Covid-19, 22 million people from US are in unemployed right now, 1 million people that have Covid-19....Bla Bla Bla.
Just think about it, no employers, no production, only money from Fed, and the stock markets is rising ?!
People start to realize that everything that is on the news is just to put fear in people minds, search for Dr. Rashid A Buttar.
Tehnical Analysis:
-breakout of trendline (sell signal)
-retracement from resistance (sell signal)
-big bearish divergence on MACD (sell signal)
Leave a like and follow for more ideas!
Enjoy it!
PS : Is my vision, make your own choices.