As you guys can see on my previous prediction, US30 index will fall free fall to 29000 and this is become true and real.
I have seen in my dream and it is like being a dejavu. Today China the major country with the supplies start to kick back their operation despite risk.
If China not settling their operation resume to normal, the price of AAPL apple and US30 wall street will going to bearish instantly. It is already one month that China had halt their production line. This chain supply like a domino effect and all hoping that China will recover soon on their productivity performance.
Nasdaq fell more than 100 point from holiday close as investor started to consider the impact of the virus on business operations.
The business impact appears to be of much greater concern to the market rather than the health emergency as the coronavirus infections still appears to be primarily a Wuhan phenomenon and cases ex-Hubai province and much more importantly ex-mainland China appears to be contained.
As I wrote the article, GOLD XAUUSD has bullish above the 1604.00 key level. Traders started to buy Gold as their safe heaven economic sentiment.
BITCOINS/USD has risen up to 2600 points.
The longer the crisis persists without any signs of global spread the less market fear the consequences.
The longer this crisis last, the uncertainty and losing the faith of investor to purchase the stock market.
To be in confident to purchase it, must have to get rid the insecurity of the investor.
If cant, all the stock investor will move towards on buying XAUUSD GOLD instead.
Hint: I am expecting this indices of US30 will going to bearish free fall down to 28250
By Zezu Zaza