20 March 2020
Dear clients,
Oil and stock markets amid the coronavirus and the "oil war" are experiencing sharp drops and subsequent growth. Together with them, the major currencies fluctuate — the dollar and the euro.
However, after the shake, #WTI oil and the US stock market expect positive prospects. Check out the forecast:
#WTI
"Today will take place a quarterly expiration of options for the American WTI oil grade. After expiration, a reverse trend is observed. As oil has fallen in the past few weeks, today we should expect growth in quotations. Investors will fix their positions, which will call a correction in the market. Trading recommendation: Buy #WTI, take profit 28.44"
#SP500
"US President Donald Trump said the medicine Remdesivir shows excellent results in the fight against coronavirus. Soon this drug will be available to everyone, which will defeat the COVID-19 epidemic. This is positive news for the US stock market. Trading recommendation: Buy # SP500, take profit 2540"
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