US equities continue to bleed in a steady drip of selling | Forexlive
This is a poor start to the week as the S&P 500 is down an ugly 3.3% and has seen virtually zero bounces today.
If you zoom out to the daily chart, the reciprocal pause bounce is quickly evaporating and we’re about 5% from a retest of the April lows.
SPX daily
I would hate to be a company that reports bad earnings this week. The big ones on the list are Tesla on Tuesday and Alphabet on Thursday but there are many companies that could offer up some insight on the economy.
Later this year,
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.