S&P500 - crucial support needs to hold
S&P futures reached major support area, which definetely needs to hold now for possibility of another ATH in 2020
Otherwise, if price is going below 3000, equity markets are in major trouble and we are likely entering phase of major bear markets and economic recession, last seen during 07-08 period.
Therefore, long ideas should be attempted with major caution and tight stops. Yes, it may be another opportunity to buy the dip, but if it is not, we should be prepared.
Otherwise, if price is going below 3000, equity markets are in major trouble and we are likely entering phase of major bear markets and economic recession, last seen during 07-08 period.
Therefore, long ideas should be attempted with major caution and tight stops. Yes, it may be another opportunity to buy the dip, but if it is not, we should be prepared.
Aviso legal
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