FA:
2 things might impact the trend tomorrow:
+ China's economy data
+ ADP Payroll data will be released
- Side notes: Trump extended the guiding line for Covid-19 social distancing until April 30th.
- Some governors extended "Shelter in place" order until April 30th, schools will be closed until May 4th for further notice.
-Disaster loan $10,000 are being distributed to small businesses (3 business days - If they apply). These loans can be waived if they are spent on essentials and keeping employees.
TA
We are on the right shoulder of the Head and Shoulder pattern. We will expect a drop tomorrow. However, FED can step in and reverse the trend.
Furthermore, according to what happened today. We are pretty sure the rally from last week is a "fake head", which is not uncommon during a bear market. The market will continue to decline over time.
Simple: Take profit from short positions if they meet your goal.
2 things might impact the trend tomorrow:
+ China's economy data
+ ADP Payroll data will be released
- Side notes: Trump extended the guiding line for Covid-19 social distancing until April 30th.
- Some governors extended "Shelter in place" order until April 30th, schools will be closed until May 4th for further notice.
-Disaster loan $10,000 are being distributed to small businesses (3 business days - If they apply). These loans can be waived if they are spent on essentials and keeping employees.
TA
We are on the right shoulder of the Head and Shoulder pattern. We will expect a drop tomorrow. However, FED can step in and reverse the trend.
Furthermore, according to what happened today. We are pretty sure the rally from last week is a "fake head", which is not uncommon during a bear market. The market will continue to decline over time.
Simple: Take profit from short positions if they meet your goal.