BullishtoBear2020

BullishtoBear2020

As S&P sentiment continues to soften over the continued US Covid-19 outbreak, I expect we will see a fall in the S&P and opportunities to short as companies forgo dividends making the indices less attractive. Conversely, the outlook on XAUUSD continues to be bullish, and expect cash to flow to the safe haven from indices as the outlook remains uncertain.