Will the election be the catalyst that pushes the market back down?

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up300konngz

Of course the market will crash again...to conclude this year of hell.

But will the election be the catalyst that pushes it back down? Thoughts?

Im pretty sure it wont take much to crack this rally.
 
1. If Biden is declared victor (note... I didn't say "wins the election"), market likely tanks.

2. Market may tank if there is lots of turmoil around the time of the election or its initial results.

If Trump wins with an uncontestable landslide, market likely rallies at least for a while. JMV

Something to be ready for.
 
lol it's going to be a landslide... for JOE.

2020-09-06_19-16-05.png
 
Tradex said:
A crash is a downtrend, short it and make money.

Period.

Seriously, how hard is that?
More...

What downtrend? Can you please point our audience here to the last time a "crash" started a downtrend? I've been looking back to 2014 in my head, I have seen no "downtrend". All I have seen are jerky moves down with an upmove. Claro?
 
Scataphagos said:
1. If Biden is declared victor (note... I didn't say "wins the election"), market likely tanks.

2. Market may tank if there is lots of turmoil around the time of the election or its initial results.

If Trump wins with an uncontestable landslide, market likely rallies at least for a while. JMV

Something to be ready for.
More...

i totally agree with everything you just said.
 
Market rallies under Biden. If Trump wins it will tank as he will go after Big Tech for being monopolies. The chaos was cute round one, but adults are needed now to maintain the oligarchy... not to mention historically markets outperform under democrats as a little icing on the cake.
 
The market will crash to whatever percentage and price I decide to close my single micro lot MNQ long trade at.

I have been doing this for some years now, first on the minis, and then on micros. My last one was on the microYM. That was a good one. I closed the position and that defined the bottom. I remember the price. 26,400 a few weeks ago. I created that recent bottom, because that is where I took the loss by selling 2 longs (exit).

So how far do you guys want this market to drop? Just let me know where you want the exit, because where I exit will become the bottom.
 
Overnight said:
What downtrend? Can you please point our audience here to the last time a "crash" started a downtrend?
More...

Are you serious??

Where were you when the S&P500 went down 35% in a just a month after the Covid thing, for instance?

Do you think that maybe, just maybe, you could have profited ($$$) from that fantastic downtrend (what some traders call "crash")?

S&P 500 1h chart with a simple 250-period moving average:

short-SP500.png
 
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