I think we go back to 2050 in very short order. Re test the lows at the very least.
Strong resistance here from 2635-2670. Can go higher if we do a EW zig zag.
The fed liquidity and technical ( options expropriations, contract rollovers and major index support levels) are some to the reasons we are bouncing. Business are practically shut down and I've talked to lawyers that say they are diverting staff and resources to their bankruptcy practice do to high demand for those services.
Stay safe. Stay nimble.
Strong resistance here from 2635-2670. Can go higher if we do a EW zig zag.
The fed liquidity and technical ( options expropriations, contract rollovers and major index support levels) are some to the reasons we are bouncing. Business are practically shut down and I've talked to lawyers that say they are diverting staff and resources to their bankruptcy practice do to high demand for those services.
Stay safe. Stay nimble.