Timing the market with the limited information available to us is nearly impossible, use the strategy that the most successful hedge fund investor in America uses "Ray Dalio"
One of his core principles are to buy in increments when the market is bearish with your cash on hand.
The key is not to buy with all your available cash on hand at ONCE, this is essential because when the market drops even lower you'll be able to take advantage of this additional discount.
Based on the technicals, i believe the market is still trending downward due to the Fibonacci & RSI There will be temporary bounce backs but be CAREFUL these temporary bounce backs are just bear flags and fools gold at best.
Analysis of the fundamentals tell me COVID virus still spreading & has yet to hit the USA as it is only in its early stages.
Good Luck my friends, keep looking forward to the bullish days.
- Shane
One of his core principles are to buy in increments when the market is bearish with your cash on hand.
The key is not to buy with all your available cash on hand at ONCE, this is essential because when the market drops even lower you'll be able to take advantage of this additional discount.
Based on the technicals, i believe the market is still trending downward due to the Fibonacci & RSI There will be temporary bounce backs but be CAREFUL these temporary bounce backs are just bear flags and fools gold at best.
Analysis of the fundamentals tell me COVID virus still spreading & has yet to hit the USA as it is only in its early stages.
Good Luck my friends, keep looking forward to the bullish days.
- Shane