stockmarketupdate

$SPX -2.85%- Time to exit the market

Short
OANDA:SPX500USD   S&P 500 Index
$SPX opened lower and nudging to down side erasing yesterday's gain
Reason for slow grind going down is two folds:
BOC cut rates and introduced stimulus for the UK economy
Trump made a hollow promise of zero tax for payroles that wont get approved ny Dems ast would cost $1 Trillion and won't help anyone other his reelection

What happens next:
Recession for Q1 and Q2 is certain
Market will go down further
Late spread of virus in the US will push US into recession in Q3 Q4
High Leveraged companies only can last three month when their equity ratio falls below 50%. Energy stocks already down 50%
Global recession split into 2021

What to do:
Sell and get out before the halt the eachnage. This is as god as it gets for exit.

Also enjoy the Quantum Themoballs dynamic price and direction predictions.
Stock Market Update

Comments

$SPX down -4%
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Just looked at the $spx cart and it is perfect match for my zig zag beams
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