OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Like in February/March stock mkts have ignored the resurgence of the Wuhan virus-then crashed-is it finally time for the retest?

Posted by Richard640 @ 8:15 on July 30, 2020  

In March the crash sequence started on a Thursday and a Friday…then on Monday the crash started…but for 3-4-5 days before that Thursday, the stock mkt was ragged and divergent–like now…which was a change from the bullet proof daily bullish performance.

At 8:30 we get the known-by-all historically negative GDP report–which was known yesterday and didn’t prevent the stock mkt. from having a great day….especially…and inexplicably, the Russell and the trannies…so I have no idea why futures are down today…I guess if the GDP report beats expectations–even by a millimeter–stocks could rally…then tonite is a flood of earnings which have–as usual–been tricked up to beat expectations…so if Friday opens with a rally that reverses…then Monday could start the retest…

China, Germany Suffer Alarming Jump In New COVID-19 Cases As “Second Wave” Spreads: Live Updates

Meanwhile, Melbourne’s outbreak is only getting worse…

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.