I think we are at the point where there could be a rapid change in sentiment based on the viruses progress, global tensions, oil price war, etc.
If there is no "event" to push the market down rapidly, I believe the return to "normal" will be slower than anticipated for many people. The virus obviously has had, and continues to have, major effects on every industry/sector.
lines on chart are levels of interest/loose trends based on
blue = 3M
purple = 1M
grey = 1W
I think we may reach 2300-2400 before the end of the month and then head to retest the previous lows.
If there is no "event" to push the market down rapidly, I believe the return to "normal" will be slower than anticipated for many people. The virus obviously has had, and continues to have, major effects on every industry/sector.
lines on chart are levels of interest/loose trends based on
blue = 3M
purple = 1M
grey = 1W
I think we may reach 2300-2400 before the end of the month and then head to retest the previous lows.
-machinelearnt