During Covid-19, the market significantly dropped in price. Post this retracement, the market recovered swiftly. With many indicators such as inverted treasury yields pointing towards an impending recession, we form the following view on the S&P500.
We envisage the market to drop significantly during the coming months and see the marked investment zone is a good mid term opportunity. We are monitoring these movements and will continue to keep the market updated.
This analysis also correlates to other major indices such as Nasdaq, Dow Jones and others such as the Ftse100.
Wishing all of you a successful New Year. This year will bring ample opportunities for the patient and observant. Stay tuned for more!
We envisage the market to drop significantly during the coming months and see the marked investment zone is a good mid term opportunity. We are monitoring these movements and will continue to keep the market updated.
This analysis also correlates to other major indices such as Nasdaq, Dow Jones and others such as the Ftse100.
Wishing all of you a successful New Year. This year will bring ample opportunities for the patient and observant. Stay tuned for more!