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CeoCodes

Solid fundamentals indicates more decline for stocks - SPX PAIN

Short
S&P 500 Index (OANDA:SPX500USD)  
CeoCodes Updated   
OANDA:SPX500USD   S&P 500 Index
Technical Indicators ceocodes ceocodesindicators daytrading tradingindicator wavetrading
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indicator ceocodes ceocodesindicators daytrading tradingindicator wavetrading
Earning announcements expected to trigger more selling.
Support rests at the low-week close at 2297.
Eyeing 2760 for the day trading profits.
C WAVE INDICATOR ON 12 HOUR TIMEFRAME INDICATING MORE SHORT SELLING TO COME
Comment:
snapshot

Earnings announcements from JPMorgan Chase, Bank of America, Wells Fargo and Citigroup were disappointing.

Big banks earings hint at the potential avalanche of defaults looming due to the coronavirus recession.
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