SP500, Coronavirus and much more coming
ab=cd formation and divergence
set on chart
ab=cd formation and divergence
set on chart
Note
Yesterday the state of us increased the alert towards its trips to China at level 4 (not to travel) and today some airlines are suspending their flights to China, which means in general terms that the transportation industry will fall, just like the hotel industry , because the Chinese are a source of world tourismTrade closed: stop reached
On Breakeven trade, i going to open a new position, still bearish sentimentNote
I see a overbought market, and coronavirus still a risk, so the entry is good, i was kicked on breakeven, but i think i have a better entry price now, so thatshow the market is, is part of the gameim risking around 1% on this trade and if today we have a gap down and my plan is to hold
lets see
Note
Kicked again on BE, cant belive this market, hahaha np nextNote
Anything that can go wrong will go wrongNote
based on that, we must prepare for thatNote
Maybe we will begin to see the economic impact of the #covid and if the quarantine really worked, hopefully yes, I would sincerely like this to have escenario for no major repercussions but we could face a pandemic although it is not so deadly with the data that we have until now, the economic impact of more quarantines would lead to two phases, one where the markets would lose value and another where the fed would give greater stimuli and we would be bullish againNote
like this escenario*Note
+8%Trade closed: stop reached
Im done, BIG WINDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.