Markets Hit Resistance. Time to go back down.

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  • Markets Hit Resistance. Time to go back down.

Markets have rebounded well (temporarily), now testing the old support which is a strong resistance now. Get ready for a reversal.


Given the outlook, and that we havent seen the ripple effects of the COVID-19 on the economies and corporate earnings yet, the market should run out of steam and head back down. Possibly coinciding the timing with corporate earnings, and further updates on COVID-19 damages.


Look to short the markets back down to 18000 at least.

  • Admin
  • 13 Apr 20
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U.S Markets

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