SPX and other markets since 2020
Updated
Hi Guys,
this is a comparison of the moves made by various markets since the beginning of 2020 using same tools/narrative:
1) from 0 to A represents the downhill provoked by COVID19;
2) A was made when the FED used its "bazooka" (2200 same level when Trump was elected US President);
3) a pullback or "bear rally" occurred from A into Fibonacci Retrecement levels or 200SMA.
DOW
NASDAQ
DAX
FTSE
OIL
GOLD
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
this is a comparison of the moves made by various markets since the beginning of 2020 using same tools/narrative:
1) from 0 to A represents the downhill provoked by COVID19;
2) A was made when the FED used its "bazooka" (2200 same level when Trump was elected US President);
3) a pullback or "bear rally" occurred from A into Fibonacci Retrecement levels or 200SMA.
DOW
NASDAQ
DAX
FTSE
OIL
GOLD
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
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FTMIB IT40 Comment
CAC40Comment
IBEXComment
SPXDOW
NASDAQ
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DAXIT40
FTSE
CAC
IBEX
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GOLDOIL
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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.