The Plan For $2 Trillion Will Not Support The Market In Long-term Period

Discussion in 'General Trading Discussion' started by World-Signals.com, Mar 26, 2020.

  1. World-Signals.com

    World-Signals.com Active Member

    Joined:
    Feb 2018
    Posts:
    44
    Likes Received:
    0
    The Dollar will not win by the Trump plan for $2 trillion. World-Signals.com expectation is temporary gains of Dow Jones, Nasdaq, S&P and so on but the Dollar may lose ground against the Euro to levels of 1.14 in the coming couple of days.
    The Trump idea for battle with the Corona Virus changes too often. That moves the market into different direction every day. Dow Jones currently is at levels of 22100 as the recovery continues after the huge investment plan of $2 trillion. The Dow recovery may go to levels above 24000 in the coming days. The Covid-19 spread in United States too fast to believe that the money will help to the economy. Therefore tour strategy to expect new low levels of Dow Jones even deeper than 18000 in the next month.
     
  2. tradermuslim

    tradermuslim Active Member

    Joined:
    Dec 2018
    Posts:
    37
    Likes Received:
    0
    Someone said this is the best time to trade Forex due to many opportunities in the market right now. Each country will be trying so hard to keep their currency alive. So they'll inject more funds into the economy to keep up with the lapses.
     
  3. World-Signals.com

    World-Signals.com Active Member

    Joined:
    Feb 2018
    Posts:
    44
    Likes Received:
    0
    Dow Jones target is reached. The new target will come shortly.
    The first part of our forecast since March 26th is a fact. Then we predicted that Dow Jones will reach level of 24000 in a short time. The current forecast continue like the same as before - World-Signals expects to see Dow Jones at levels below 18000 in the next few months.
    It may pass full month or even two months in almost neutral trading between 22000 and 24500 when we will see new down movement to 18000 and even below this level.
    In United States are the very late protections against Covid-19 are the reason. The total infected in USA will jump to over 3 million and many new sectors will collapse. The Unemployment may jump to 18%.
    You can compare how restricted are the plane flies in Europe and United States. The end of pandemia in United States is too far away.
    Therefore World-Signals strategy for Dow Jones is short, short and short.
     

    Attached Files:

Share This Page