Technical:
- the price is on opposite side of any average (200, 50)
- latest trend line is broken
- head an shoulders on inverted S&P
Fundamentals:
- potential damage to economy is covered by unprecedented stimulus (regulatory and cash) which ma stay till election
- short longevity of COVID crisis will help companies and household to avoid bankruptcies, so unemployment rate will decrease as fast as it increased
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
- the price is on opposite side of any average (200, 50)
- latest trend line is broken
- head an shoulders on inverted S&P
Fundamentals:
- potential damage to economy is covered by unprecedented stimulus (regulatory and cash) which ma stay till election
- short longevity of COVID crisis will help companies and household to avoid bankruptcies, so unemployment rate will decrease as fast as it increased