Technical Analysis
One more bear run?
By FinancialVeracity  •  June 15, 2020
I’ve written last Friday (12 June) on my Patreon to my 2 beautiful subscribers, to be weary in specific positions and how to hedge against them. Previously, when VIX spiked up you could see stock prices dropping but as you know, life have been confusing these days and so have the stock market too.
Daily Chart
Technical Analysis: Market have broke off the wedge pattern after my previous post, signalling bullish momentum in place. With $45.5 as structure resistance level, if broken, a higher probability for it to trend higher will be greater. What this entails As you have seen and read many articles showing you what would the future economy will be and, which you would have logically deduce the many possible outcome. Hence, I will not bore you with more fundamentals as it seems now would be a wild man’s guess. What I will share with you is that...
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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