FED has pumped their money into the stock market sooner than expect (before this Friday 03/20) to calm the sell-off. However, in after hour and future index, there is a massive sell-off right now. Soon, it will hit the 5% down limit again. Be wise.
2 reasons:
+Trump administration bans gathering of 10
+He also shut down most the restaurant, effective immediately, on Tuesday 03/17.
This is a huge deal, as food services, travel, retail make up 1/3 of US industry.
Millions won't have job in those sector in the upcoming month.
Technical: SP500 movement will drop below the resistance line in created in 2018
Please be safe, don't go long.
2 reasons:
+Trump administration bans gathering of 10
+He also shut down most the restaurant, effective immediately, on Tuesday 03/17.
This is a huge deal, as food services, travel, retail make up 1/3 of US industry.
Millions won't have job in those sector in the upcoming month.
Technical: SP500 movement will drop below the resistance line in created in 2018
Please be safe, don't go long.
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免責聲明
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