Very nice analysis. I would just disagree that reopening the economy right now will lead to an astronomical surge in cases. I think that many people, especially those at risk, will still be staying home and that with temperatures warming the virus won't survive as long on surfaces and in the air. I am still bearish due to the fact that people will not flock to the malls and start spending due to losses in income and all the uncertainty ahead (economical and fear of virus).
MIAM1
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@InfowarsTrader great analysis...I live in Indonesia...temperature helps lower the transmission...but we’re human...and we touch each other and breathe around each other. Heat helps kills the virus on surfaces as you say...it doesn’t kill the airborne sneezes and casual contacts
Crypto crashed today, could be a signal we go down on Monday. What do you think?
WKMAnalytics
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@OlgaTolm, Paul Tudor Jones said he went full in in crypto, seems he might be distributing some at 9000, assuming that his entry price may be around 5000, it is an almost 100% profit in less than a month...
MIAM1
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@OlgaTolm : possible. My take is weak hands are sitting at home “gambling”...it’s a lot of fun...until the selloff starts in stocks and transfer markets via margin calls into crypto. Please see March 12 :)
HarleyTrades
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Nice Analysis Mate, I was also too eager to short and entered in mid-April, wearing a bit of pain for now but there is just so much downside risk that I can't beleive it. Realistically would not be surprised if market was to reach 1800 over the next 2-3 months.
MIAM1
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@HarleyTrades I am secretly plotting the fall to 1800 as well...I don’t talk about it...but 10% of my positions WILL BE HELD for that eventuality. I see it as a 10-20% probability on this leg down... Judging from the sheer velocity of these moves up and down...it could easily happen if the fear factor is not arrested via munchkin and trump scrambling to the podium to announce more free money...that’s the only reason they can suppress the gravity to 1800 or lower
FACD
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Great Video and Analysis, i could not agree more, lets see how it plays out