Just a quick analysis this morning, pre-U.S. session, and it looks like /ES might come down and retest the 4100 area. I have a support zone that stats at 4101.
From there, it might bounce all the way up to 4130 area, where I have a resistance zone that starts at 4129.
Jerome Powell is rambling nonsense again and sticking his nose where it doesn't belong. He said over the weekend that he worries that the economy will reopen too soon.
To Jerome Powell, I say this: Stay in your lane, J. Powell! Stay in your lane.
Coronavirus and reopening have absolutely nothing to do with your job description. Stay in your lane and do what you do; Monetary policy.
This is all just my opinion and should NOT be considered financial advise. Always do your own research before making any investment decision.
