The head of the FULDSTRAT company at Market Intelligence FIRMENT says that V -shaped for the stock market in April is largely high.
In new interview With CNBC TV, Tom Li says it is based on historical patterns, the stock market can recover in early April.
“The rise in the Vix Index (the volatility index) or the collapse in investor morale or consumer confidence, which occurred in about February 2018, so coincided with the first lowest level made in 2018, and the market began to recover …
But with the start of thinking about the second half of this year, first and foremost, we have already been collapsed in feelings. We have seen 850 billion dollars of cash that was collected during the past year in the money market balances, then in the second half, we were looking for tax reform, which really paid shares in 2017. ”
According to Lee, a lot of panic in the stock market has already happened this year, which led him to believe that stocks should begin to restore their upscale momentum this week.
“So I think the risk of a V -shaped recovery in stocks that come after April 2 is very high, because we have already sequences a lot of panic that people saw in 2018. I think it is already happening.”
V -shaped assembly is a technical pattern indicating a sudden upscale and sharp increase in the market.
Earlier this month, both stock and encryption markets achieved great success after President Donald Trump announced customs duties and refused to exclude the upcoming economic recession.
https://www.youtube.com/watch?
Follow us xand Facebook and cable
Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox
Check the price procedure
Browse the daily Hodl Mix
& nbsp
Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney
