Previous Price Action Don't Look Too Promising !
Since 2 to 11 Mar Dow Jones Index have failed after every rebound without a follow through buying and in fact prices got lower subsequently .
Donald may have chosen to declare national emergency to combat the Covid 19 just 30 minutes before the market close to catch the short sellers . He also caught the market by surprise by directing the US Energy Dept to purchase crude oil for the strategic petroleum reserves . The announcement triggered a wave to program short covering that lasted until the closing bell. Chances are short covering rebound do not last very long.
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