ES Closing Comments: buckle your seat belts

ES Closing Comments: buckle your seat belts

David Gottlieb David Gottlieb

David Gottlieb

Stock market analyst - English teacher

发布日期: 2020年4月23日
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April 23, 2020

E-mini S&P 500 - June contract  

Closing Comments:

Put on your Seat Belts

Cash failed to trade below  Bull/Bear Divider at 2782/83....

The 90 point gap up on April 16 was based on an antiviral medicine remdesivir, today the first trial results were bad so do we get a refund of 90 points, without a receipt...as such it puts us down to 2691?

The after hours certainly heads down but how low.. it reaches minimum 2749.00..in the event it reaches 2737.50 an extension is activated down to 2708 or up 2772...IMO down to 2708

As I mentioned before its skating on very thin ice in late spring...Very soon the ice breaks....either it begins tonight or Sunday night none the less we head down sharply to 2600/20...then a bounce, the magnitude of the bounce strictly depends on the date and time...then again down even faster to 2424....at these level once again the Feds reboot the manipulation...If Trump/Powell had not stepped into the markets we would have already left the 1750 train en route to 1170


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