FA
-Trump extended social distance guideline
-Airlines reported losses in revenue
-Unemployment is now over 26 million people.
-Highest death toll from Cov-19 today.
-484 billion bills have been passed
-EU consumer confidence index felt into a low record.
-Tech companies are slowing down hiring.
-Second wave of lay-off is coming.
-Gilead's drug has failed expectations
-Foodbank is overwhelmed (Please help them if you can)
-FED all-out money injection: 500 billion operational injection+ 1 trillion repo (04/24/2020). The same thing will happen on Monday.
www.newyorkfed.org/m...-operational-details
TA
-RSI moving down
-The squeeze indicator is preparing for a high volume movement downward.
-Higher volume is expected
-Closing high
-The bearish trend is confirmed if SPX is down to 2780 level
Good luck and thank you for your supports.
-Trump extended social distance guideline
-Airlines reported losses in revenue
-Unemployment is now over 26 million people.
-Highest death toll from Cov-19 today.
-484 billion bills have been passed
-EU consumer confidence index felt into a low record.
-Tech companies are slowing down hiring.
-Second wave of lay-off is coming.
-Gilead's drug has failed expectations
-Foodbank is overwhelmed (Please help them if you can)
-FED all-out money injection: 500 billion operational injection+ 1 trillion repo (04/24/2020). The same thing will happen on Monday.
www.newyorkfed.org/m...-operational-details
TA
-RSI moving down
-The squeeze indicator is preparing for a high volume movement downward.
-Higher volume is expected
-Closing high
-The bearish trend is confirmed if SPX is down to 2780 level
Good luck and thank you for your supports.
Comment:
A rebound in the final hour
Comment:
It broke. However, FED is trying to prevent the crash today. SPX will crash next week instead (not Monday for sure).