Hi my friends
As you see in the chart of s&p500, it reacts well to mid-line and bottom line of channel so we expect a very well react to top of the channel.
We have the news about Evergrande Company which is about to going bankrupt and it has high influence to all markets.
As technical analysis shows in the chart and the bad economic news we hear these days, I expect the stock market collapse.
Have a good day and happy new year 2022
NFA
As you see in the chart of s&p500, it reacts well to mid-line and bottom line of channel so we expect a very well react to top of the channel.
We have the news about Evergrande Company which is about to going bankrupt and it has high influence to all markets.
As technical analysis shows in the chart and the bad economic news we hear these days, I expect the stock market collapse.
Have a good day and happy new year 2022
NFA