Moniology Weekend Market Review, 3.22.20
The global equity markets continue in very bearish territory. Although the odds of a sharp bounce are increasingly likely, for that to happen, the S&P 500 needs to break back above 2400 and soon. As of this writing, it’s trading at 2200 in the overnight futures, down close to 4%…not good. Ideally, we would need to see a red to green day to create the kind of short-covering rally that can take equities 10-15% higher.
$SPX $COMPQ $TNX $GOLD $VIX $WTIC $USD $EEM $JNK $USD
**Disclaimer** This video is for educational and information purposes only. Please do your own due diligence before determining whether to buy or sell any security.
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