A real recession takes a process, calculated on a quarterly basis. At the moment of shouting recession, emotions dominated, and people competed to see who could run faster, so the decline was larger.
There is an emotional transmission in the currency circle, from the US stock market period to the after-hours period to the Asian morning period to the Middle East period to the European period to the US period.
This emotional transmission lasted for 2 days, and it was basically over. Those who should sell were sold, those who should buy at the bottom were bought at the bottom, and those who sold at the bottom for profit were also sold.
Recently:
There was little buying during the Middle East period, and more buying during the European period.
Therefore, during the weekend, shorts can cover their shorts at highs, and longs should observe whether Europe buys. The US market continued to fall.
Overall, it will fall until next Tuesday night, and there may be a sudden short.
In the Asian market on Monday and Tuesday next week, we should also pay attention to whether the major countries will take action.
