- October 25, 2020
- Posted by: virtualxstore
- Category: trading
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We are very close to experiencing the biggest correction in years in the main US indexes.
We can observe a clear divergence between the index dollar and the S&P500 , when it should be a mirror. Something says something smells bad.
We must bear in mind that the SP500 is at a significant top and that it is highly unlikely to break it due to the current social, economic and political situation. Also, all growth has been financed by the FED so there is a clear disconnect from reality and current affairs.
Analyzing this scenario, we are seeing a potential strong long-term pullback, probably in a few months.
– I would like you to comment on your ideas and opinions, that enriches us.
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