Market Analysis – Can the Economy Get Back on Track?

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As various countries open their economies, notably China and the US, will it lead to a surge in new cases, and will it lead to further shutdowns?

And will the stock market be able to break new highs, or has it hit a major roadblock?

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Major Events

There were some major news last week, such as the negative Fed forecast, which caused a huge dip in the stock market.

Daily new coronavirus cases continue to climb globally, with new spikes in the US and fresh outbreak clusters in China.

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Stock Markets

The stock market seems to have hit a roadblock, and is taking a pause while deciding which way to head next.

I highlighted the crucial levels to look for on the S&P 500.

Tech stocks are still going strong, and the big tech giants are breaking new highs.

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Trade Highlights

Here are some snippets from the daily trades in our private Telegram chat group for graduates of the “Trading Mastery Program”.

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