stockmarketupdate

$SPX Crash and FED Buy Dip Trap

Short
OANDA:SPX500USD   S&P 500 Index
Market crash is natural but investors and traders with short memory or less experience still believe market will go up.

Since 1958 the S&P 500 has declined by +5% in a day some 22 times. In 82% of those events, stocks were already oversold. Outside the Financial Crisis, the average 3-month return after a crash is +8.5%, with only 1 significant (11%) drawdown. From the first 5% down day of the Financial Crisis (which had 12 5% days), 1-year returns were still essentially flat. Bottom line: markets right now are vulnerable to a crash. Be ready to at least stick a toe in the water if that happens.

China PMIs Crash To Record Low, Confirming Coronavirus Collapse happened over the weekend AFTER Fed Trap announcement
Credit Marker Crash Is Freezing Equity Market Issuance, in energy sector etc,

My point is you need to de-hypnotise from FED can cure everything TRAP

One final important point: You can't look at the past chart and draw conclusion about tomorrow. Everyday you need to get a feel for market movement by observing it. This is a very reason I design QTB for LIVE trading.

I must emphasise my QTB script is not a past historical guidance indicator. Many traders loose money because they still want to predict the market using algorithm happened in the past.

Picture of the past is irrelevant during extreme volatility and that is the MEGA difference between my Quantum scripts and old indicators.

My suggestion: Use QTB during LIVE market make decision and let go of the past.

In short QTB is ALIVE during market as you can see animated moves of the QTB measures.

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.