Suckers rally could be a right shoulder forming for the SP500. I'm surprised at the strength of this rally. Clearly there's going to be a big effect from the shutdown + bubble burst. Who the heck would be buying now.
For crashes in 2000 and 2007 SP500 dropped 50%. A 50% drop now takes to about 1500, which interestingly is prior resistance for the 2000 / 2007 highs.
Also war rhetoric happening now re China and virus. Steve Bannon and other high profiles beating the war drums.
- Forums
- Commodities
- GOLD
- gold
gold, page-75034
-
-
- There are more pages in this discussion • 52,995 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online