Pretty strong support and fib clusters at $213 area which is also the pre Trump election era. I'm looking at another 2 weeks then we hit the bottom and start working our way back up. fingers crossed!!!
corona virus caused a great deal of panic in China initialy but within a couple of weeks its subsided and is not as much of a panic. they have it under control
give it time, in US too the panic will subside from here on. Not increase any more.. as even in worse case scenarios the death tool is no way close to the regular yearly death from normal flu
it is scary but not really that deadly. its the scare factor that will subside and for this reason I believe we will have our bounce sooner than it seems. even within this week.
I have been wrong before and may be wrong again, but thats my sense.
I welcome your comments: anybody who read this .
zaetzj
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This sounds horrifyingly reasonable. I used to think 235 but seeing the way our market is losing it's shit rn I think closer 200.
give it time, in US too the panic will subside from here on. Not increase any more.. as even in worse case scenarios the death tool is no way close to the regular yearly death from normal flu
it is scary but not really that deadly. its the scare factor that will subside and for this reason I believe we will have our bounce sooner than it seems. even within this week.
I have been wrong before and may be wrong again, but thats my sense.
I welcome your comments: anybody who read this .