On the stock market Friday June 12 2020 ... the COVID19 issue at this point is an on going issue that is capable of invoking FEAR in the market. FED Chairman Powell's remarks indicates this as we saw the market reaction yesterday.
In spite of that the BULLish momentum has not gone away yet. Indications are that SPY support at 297.87 is currently holding up.
In spite of that the BULLish momentum has not gone away yet. Indications are that SPY support at 297.87 is currently holding up.