Wednesday, May 13, 2020



Scanning the real time market conditions. As investors, we need to make sure that while the COVID-19 has taken out country by surprise, if investing, we need to monitor what is going on in real time.

One way to picture the main move of the markets is the banks. Here in a weekly chart of Wells Fargo, we can see the downtrend. Then we can tell something is going on in the US economy. As nothing new, but it tells things are keep moving to the downside.

WFC stock has been down trending for weeks and instead of showing a recovery, it is not. We should then need to be careful with our research, and avoid falling in wild market traps. The moves can be short and fast or long and very fast, then price in most of the securities start falling back to the mean.

In very short words, when investing in times like these, we need to get into the best of the market, by looking for those big market makers, and them make sure we are trading on the right side of the trend.

Not intended as a financial advice of any kind and for educational purposes only.

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