Covid has again scared the stock market by its prospects of further spread across the US and Europe. That’s why the mass sale has been caused mainly by irrational fears that are growing in the snow ball fashion. This means that it’s very likely that the market will recover from the fall or a week or two.
On top of this, after observing S&P500 you can see that there is a possibility of another round of falls to 4150, which only will add force to the ensuing recovery.
This content is for informational purposes only and is not intended to be investing advice.
