BloomFisher

Don't Buy anything - It's not the dip

Kort
BloomFisher Uppdaterad   
SP:SPX   S&P 500 Index
Good morning everyone,

It's 30 Minutes after London opens and we are seeing red flags everywhere,

Two major event took place recently

On Friday Fed cuts the interest rates by point 50 basis that inverted yield curve to negative.

and russian announced to lower down the oil prices leading a price war with saudi producers.

Now, In our previous analysis we've mentioned about the key factors that will cause the next recession

Global economies were already hot and coronavirus is the hammer that hit everything hard.
inflated stock prices and increased debt ratios against the actual valuation of the economy,
we'll explain you in details on how it creates a bubble in upcoming analysis,
sac
Right now the conclusion is that we have entered into bear market and officially heading for a recession

Hence, we recommend to save more cash and do not dare to buy any stock assuming it as a dip it's not a correction
but a start of an economic meltdown.
Handel aktiv:
UPDATE FEDERAL INTEREST RATES at 0%
(Fear of this recession might not turn into a depression)
Handel aktiv:
Market opens with a negative -7%
Trade stängt: målet nått:
Target reached Perfectly.

Slight upward consolidation can be expected while president trump will host a meeting with the Feds,
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.