Technical:
- the price is on opposite side of any average (200, 50)
- latest trend line is broken
- head an shoulders on inverted S&P
Fundamentals:
- potential damage to economy is covered by unprecedented stimulus (regulatory and cash) which ma stay till election
- short longevity of COVID crisis will help companies and household to avoid bankruptcies, so unemployment rate will decrease as fast as it increased
- the price is on opposite side of any average (200, 50)
- latest trend line is broken
- head an shoulders on inverted S&P
Fundamentals:
- potential damage to economy is covered by unprecedented stimulus (regulatory and cash) which ma stay till election
- short longevity of COVID crisis will help companies and household to avoid bankruptcies, so unemployment rate will decrease as fast as it increased