LagunitaLLC

SPX (04/17/2020) - Extreme bullish trend at the opening

Long
LagunitaLLC Mis à jour   
SP:SPX   L'indice S&P 500
FA
-Gilead science has announced that they might have found the drug to fight Covid-19.
Here what we know so far: + They used remdesivir, which is for fighting AIDS.
+ Testing sample: trial 1: 7 out of 53 people died. Trial 2: 2 out of 125 people died. Most of the patients were discharged within weeks
+ The drug has side effects on some patients.

-China GDP is down 6.7% in Q1

-Trump is urging places, where Cov-19 cases have declined, to open back the business.
-New relief bills are considering.

TA
-Short squeeze
-The trend might stop at 2888 level. If it breaks 2888, expecting another 5% bullish.

Good luck
Commentaire:
It's a short opportunity
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