Solid fundamentals indicates more decline for stocks - SPX PAIN

Earning announcements expected to trigger more selling.
Support rests at the low-week close at 2297.
Eyeing 2760 for the day trading profits.
C WAVE INDICATOR ON 12 HOUR TIMEFRAME INDICATING MORE SHORT SELLING TO COME

Yorum:

Earnings announcements from JPMorgan Chase, Bank of America, Wells Fargo and Citigroup were disappointing.

Big banks earings hint at the potential avalanche of defaults looming due to the coronavirus recession.