US500 resistance at 3000
Trade Journal
Last week has been a bullish week for the market. Despite the lockdown period, market seems more likely to uptrend with hopes of a proven treatment for the Virus, assumption that the virus has already peak in US and Europe and US president guideline for states to reopen economy.
Keeping fingers crossed, the index may be heading for 3000, and may meet some resistance. Not a good time to do accumulation, but if you are long, it is a good time to take some profit , buy yourself a good meal and make merry!
Last week has been a bullish week for the market. Despite the lockdown period, market seems more likely to uptrend with hopes of a proven treatment for the Virus, assumption that the virus has already peak in US and Europe and US president guideline for states to reopen economy.
Keeping fingers crossed, the index may be heading for 3000, and may meet some resistance. Not a good time to do accumulation, but if you are long, it is a good time to take some profit , buy yourself a good meal and make merry!
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