The S&P 500 has risen nearly 5 % from the low of two days ago and is facing 50 day moving average resistance at 3400. Technically the market is rallying on a downtrend. It is likely that it will come back down when resistance is reached. Investors are too eager to get ahead of the election results and betting that everything will be fine after the election. This is a show of too much complacency. Investors with cool heads should not bet on the election outcome and its effect on the financial markets. It is now a perfect time to sell to avoid the uncertainties of the election. We don't know who will win, whether there will be contention on the result, how long will it take to decide who wins and whether there will be violent on the streets. Meanwhile, Covid-19 infections are getting worse and non-farm payroll is to be reported on Friday. Too much risk ahead!
标准普尔500指数已从两天前的低点上涨了近5%,并面临3400的50天移动平均线 阻力。技术上美股正在下跌趋势中反弹, 当达到阻力时,它很可能就会回落。 投资者太渴望入市了并押注选举后一切都会好起来。 这实在是太乐观了。 头脑冷静的投资者不应押注选举结果及其对金融市场的影响。 现在是卖出股票的最佳时机,以避免选举的不确定性。 我们不知道谁会赢,结果是否存在争执,决定谁获胜需要多长时间,以及街上是否会发生暴力。 与此同时,Covid-19感染正在恶化及周五将报告非农就业数据。 未来风险太大!
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