This is my personal view due to HUGE corona/covid19 problem. This is just analyses which are my personal opinion and not something according anyone should or could invest. Do you own research.
This is one huge ABC correction.
1. We are going to finished wave A which should be finished during April.
2. Than we will/we should have ABC correction up. This will be text book "Bull trap". Everyone (bulls, media, president trump and ect) will say it’s over. And bull trap could last for half year. Just after election for example.
3. After which we will have / or could have final C wave down. Final catastrophic move in market. This wave will arrive for sure if we dont have vancine for COVID19 which is highy unlikely
- If this played like that (TIME IS ALLMOST IMPOSIBLE TO KNOW - HOW LONG NONE CAN SAY) world economy will be toasted.
NOTE - this all will fall if sudenly we start to sky rocket today or in monday on huge volume and great possitive news - which is unlikely if you ask me.
This is one huge ABC correction.
1. We are going to finished wave A which should be finished during April.
2. Than we will/we should have ABC correction up. This will be text book "Bull trap". Everyone (bulls, media, president trump and ect) will say it’s over. And bull trap could last for half year. Just after election for example.
3. After which we will have / or could have final C wave down. Final catastrophic move in market. This wave will arrive for sure if we dont have vancine for COVID19 which is highy unlikely
- If this played like that (TIME IS ALLMOST IMPOSIBLE TO KNOW - HOW LONG NONE CAN SAY) world economy will be toasted.
NOTE - this all will fall if sudenly we start to sky rocket today or in monday on huge volume and great possitive news - which is unlikely if you ask me.