Another Global Red Day

04/21

US and global suffered another red day after chaotic crude oil markets that drop to below zero and come back. 

North Korea leader Kim-Jun Un health condition could be another factor as it adds more uncertainty to geopolitical concern. 

US Congressmen and senators passed another 480 billion money to help business and rescue efforts on corona virus. It is hard to imagine that trillions and billions US dollar pour into markets within 1-2 months. Perhaps, precious metal gold and silver will have a chance to emerge. 

Technically, major indexes broke uptrend line so strong rebound 25-30% from March bottom is over. Pullback process starts today. 

 

Share This Post
Have your say!
10

Leave a Reply