S&P500 In Trouble

18 ביוני 2020

Get out while you can and take some profits. This week was the last chance to make the case for a bullish breakout. Uneasy news of new coronavirus cases, riots, and slower than communicated recovery. At minimum a correction to 3000, then it might pop again but faily to break the trendline. Once that happens, it's a deterioration of market conditions and confidence in a new bull market. To me, this confirms a bear market rally. Look out below!