We all know the COVID situation, so I'll skip that part. In my last published idea about the S&P 500 correcting all the way down to its 200D SMA, I didn't take in consideration the daily infection rate doubling every 7 days in some countries. If it doesn't slow down, we could go much lower than the 200D SMA. This chart shows that the dollar is trying to reverse meaning that investors are increasing their cash holdings. Also the markets are more affected by news, another warning sign. Personally my portfolio is now 100% USD and it won't change until the direction is clear.
