FA
-Cov-19 death toll spiked today
www.worldometers.inf...onavirus/country/us/
-FED is preparing to buy ETF (mainly bad corporate debt)
www.marketwatch.com/...early-may-2020-05-04
-More economy data will be released during this week.
tradingeconomics.com/calendar
TA
Tomorrow, we will expect to see a reversal signal, if and only if SPX opens with a gap down and hold 2840 level (below EMA) til closing.
SPX touched the EMA (length: 30). If it breaks and goes below it, that's the bearish signal.
RSI, Squeeze: neutral
Bottom line: stay neutral until bearish signal (reversal) appears.
Good luck.
-Cov-19 death toll spiked today
www.worldometers.inf...onavirus/country/us/
-FED is preparing to buy ETF (mainly bad corporate debt)
www.marketwatch.com/...early-may-2020-05-04
-More economy data will be released during this week.
tradingeconomics.com/calendar
TA
Tomorrow, we will expect to see a reversal signal, if and only if SPX opens with a gap down and hold 2840 level (below EMA) til closing.
SPX touched the EMA (length: 30). If it breaks and goes below it, that's the bearish signal.
RSI, Squeeze: neutral
Bottom line: stay neutral until bearish signal (reversal) appears.
Good luck.