sp500 2750 resistance failed next one is just over 2800 also around the 50% retracement level from the low. the week was characterised by the largest % jumps in the most beaten down names which funny enough are the ones most affected by the down turn to come. NZ was no different in this regard.
More than 600,000 Australians apply for early release of superannuation under coronavirus assistance scheme
https://www.abc.net.au/news/2020-04-...ction=business
I see this figure has doubled already from my previous post.
Still think NZ govt should do the same with kiwisaver not only does it relieve mental stress when people have a financial back stop provided from a 10 k or 20k boost to peoples bank accounts it provides a boost for the economy.