Summary: The US mainstream media and polling industry has fatally eroded its credibility in this election cycle after the apparent 8-10% lead Biden enjoyed in their polls was a complete mirage and Trump has made this election another nail-biter on par with 2016, even amid a higher overall turnout. The final key takeaways for markets still hang in the balance, but...
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Hello beautiful person! I am up tonight watching the U.S election and witness live the effect it will have on the BTC during it. If you have read my previous posts, you know I have been writing about a second wave of the virus and lockdown; which will in turn affect the market negatively. I expected the second wave and more effect in September/October, so it...
Interesting behavior. Short $14k third time in row would be too easy for BTC. Btw, 69,369.164 BTC were moved (almost $1B) from one address to another from a wallet where there have been no transactions since 2015. But it doesn't affect the price at any way it seems US election uncertainty + large BTC moves, I would be better watching for the sidelines. Looking...
November 3rd 2020 USA Presidential Election (S&P 500 Incumbent Winner Indication) Alright, it's time for the showdown! It's finally November 3rd 2020 and we find out more tonight! Will the S&P 500 close over 3288.3 points today? If it does, it should be expected that Trump is the winner of the 2020 USA presidential election, but if we sink below 3288.3 then...
Yesterday SPY 200MA crossed the 50MA on the 2 hours chart. Today's pop was definitely driven by short coverings. SPY is now heading back into the downward price channel starting a new "A" wave as we head into the uncertainty of today's election. Pennsylvania results, unless there's a landslide, will not have results tonight or by tomorrow due to the Supreme...
Can Donald Trump defy the polls for a second time and beat challenger Joe Biden in his bid to win the 2020 US presidential election?
nothing like Riots and election to spark Ammo sales Beat for sure.. Winchester Ammo best...
This is the week of the presidential elections in the United States. How will the election madness impact the stock market? If you want to know exactly what happens during this week, you came to the wrong place. Sorry. What I do know is that there is the potential for two very profitable trade setups. Similar to last week, I believe price is consolidating to...
A small idea highlighting the importance of evaluating signs and using them predictably. In fact, the market has given good opportunities. "Every battle is won or lost before it is ever fought." -Sun Tzu Note: Elections are also a kind of battle too . Regards.
AMEX:SPY Two ideas have been drawn and both have hit the first upper ascending trend line. We have a possible Bullish Flag Continuation and Bearish Descending Triangle bias ideas. The Bullish Flag Continuation is drawn in red and the Descending Triangle is drawn in green. The Descending Triangle in its infancy and represents a continuation pattern....
We are at support however it seems pretty obvious that we will have a volatile week - us election, q3 earnings, fake virus. My expectation is that we will see a drop to .382 retracement however it is possible that we could se .5 or even .618, if things get messy. Buckle up guys.
Uncertainty will cause a minor drop. But things should pick back up as long as D.J.T stays president. This is how I'm looking to play things if you disagree let me know why I'd love to hear from you. This is a MACRO trend analysis so I'm leaving some room for breaking news and price action.
THIS WEEK IS ELECTION WEEK!!! 1) Go Vote and 2) we should see some interesting movement with the US Dollar. Ideally I would like it to continue to the up side since a Daily high was broken and I have a nice setup on EU, but it also does have the potential to get weak so I will wait until I have confirmation. The Yen didn't break the high I was looking at last week...
$DXY is looking it wants to bottom. These are the elements in favors of bulls: A recent bullish divergence on the RSI indicator. The RSI has found support on 40 level The RSI divergence perfectly matches the end of a bearish Wave5 The Bullish Wave 2 has been triggered and marked a low signaled by S34 and A55 exhaustion points However, there are still...
The USD tends to get a bump after a U.S. Presidential election but recall that the USD put in a massive top 6 weeks after the 2016 election. The same thing happened when Nixon was elected in 1972. In the 4 years that followed, the USD dropped sharply and rebounded. Sound similar? In 1976, the USD held up for a month after Carter was elected before getting...
A picture is worth a thousand words! Current EURUSD pattern is remarkably similar to 2016. Recall that in 2016, EURUSD spiked initially before plunging for the next month. If something similar were to happen, then EURUSD would spike to 1.1900 before reversing lower. This was originally published at scandex.com