This week closing in the red (which is what i think will happen) would pretty much be a confirmation that we are officially in a bear market, institutions have established short positions long ago in multiple companies and are enjoying the drops. Its not yet too late to establish short positions as the next price target seems to be 14700 and ultimately --> 13400. There is major positive news coming this year that would outweigh the negative. Coved vanishing would not be a big deal since it already has had its effects on the economy that we are now having to deal with.
Comment:
*There is no major positive news coming this year
Trade closed: target reached:
Oh boy was i right
