Has all the STIMULUS news already priced in the market? The text was released and it is sure to be passed unless there is a late surprise.
Tomorrow, SPX 2360 must hold or else decline resumes. Then there is Friday and a weekend.
BUT there is talk of a reallocation of assets from BONDS into stocks at month-end and end of Q1
However, there is the end of March in sight and start of earnings/warnings/guidance season
And, then come the most anticipated NFM report on Friday next week.
I think the market will hold above SPX 2360 and then gradually move up to SPX 2600 and then the decline resumes.
NEXT WEEK will be an amazing one and may be the most important since 2008/
Edited by dTraderB, 25 March 2020 - 08:51 PM.