SPX trending violently

9 במרץ 2020

Get ready for a volatile ride. I believe we will be correcting and stocks will remain volatile for a good time. If we break the trend line in red then SPX will be in trouble. Its too soon to speculate about a recession but i believe with the current coronavirus "pendemic" companies will miss earnings and there needs to be a good catalyst to change the direction of the market. Big gains can be achieved in these market conditions. Good luck and happy trading!