Here is a short term prediction for a short lived bull rally on SPY. It will bounce around the 220-240 levels for a week or so before breaking below and continuing lower to the downside.
Short term good news on the economic stimulus package etc will give the market a slight boost, (many will be trying to "buy the dip" after the huge 4 week sell-off) although the underlying market conditions will remain the same regarding the increase in COVID-19 cases and contraction of businesses (primarily retail/service industry), which cannot be combated effectively enough for the market to have a major bounce back. Unfortunately, the bears will prevail.
Short term good news on the economic stimulus package etc will give the market a slight boost, (many will be trying to "buy the dip" after the huge 4 week sell-off) although the underlying market conditions will remain the same regarding the increase in COVID-19 cases and contraction of businesses (primarily retail/service industry), which cannot be combated effectively enough for the market to have a major bounce back. Unfortunately, the bears will prevail.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.