⚠ Did the 2020 Stock Market Crash Hit Bottom OR is This a Bunch of Bull Trap? ⚠| A Day Traders POV
This is the question that has been on everyone's mind. Did the 2020 stock market crash put in its bottom...Or is this just a head fake (Bull Trap aka Dead Cat Bounce AKA Impulse Wave.
In this video, I will share my POV (Point of view) by using technical analysis to show you what I belive is going to be happening to the stock market.
Dead Cat bounces or Bull traps or Impulse Waves are very tricky and give what I like to call "False Hope" to individuals. These movements can move aggressively to the upside giving confidence to many people in the stock market. From My experience this can be a very deadly cocktail before a even larger sell off.
I also will be discussing what I am investing in right now, and what my future plans are with this current economic outlook.
I discuss my thoughts on the FED (Federal Reserve) printing unlimited amounts of money QE Infinity (Quantitative easing), The 2 trillion dollar stimulus package that President Trump just signed, The Jobless Claims spiking to 3.2 Million, and the precious metals market (Gold and Silver) running out of inventory at all major brokers.
We live in very interesting times, and what you are witnessing is going to be the largest wealth transfer in the history of the world. I am doing everything I can to be on the right side of this trade.
Recommended Videos:
This is the Best Investment Opportunity in 2020 (HINT: Gold to Silver Ratio) https://youtu.be/JqBDzbQ4n4E
The 2020 Recession: 7 Things I'm Doing to Prepare for the For The Next Economic Crash
https://youtu.be/t9WsKTcRoEA
Other YouTubers Video Recommendation:
This Video is by Justin Taylor (I really like his explanation of a Bull Trap)
Don’t get caught in the BULL TRAP!
https://www.youtube.com/watch?v=cVOk5YyuIc8&t=266s
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Twitter ▶️: https://twitter.com/mikepsilva
#StockMarketCrash #Recession2020
DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only.
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