Yes, but on that same 1 min chart we also have higher highs and higher lows and no price rejection at 343 (the last major swing low).
A breakout above 346 could send the SPY higher, at least in the short term...
Will the election be the catalyst that pushes the market back down?
- Thread starter up300konngz
- Start date
Yes, but on that same 1 min chart we also have higher highs and higher lows and no price rejection at 343 (the last major swing low).
A breakout above 346 could send the SPY higher, at least in the short term...
One step forward, two steps back...
I think this year was a clear demonstration of the fact that anything can happen in the market, especially when something out of the ordinary, out of the ordinary, happens...
I think there will be some speculation in the process itself, but the election will not be such a strong catalyst that can affect the market so much. Though I may be mistaken, of course. I think we should all remain vigilant and pay attention to the slightest fluctuations in the market, because that's always a reason for you to act thoughtfully and not put your capital at high risk. There are already too many dangers here so that we can act recklessly...
I think this year was a clear demonstration of the fact that anything can happen in the market, especially when something out of the ordinary, out of the ordinary, happens...
I think there will be some speculation in the process itself, but the election will not be such a strong catalyst that can affect the market so much. Though I may be mistaken, of course. I think we should all remain vigilant and pay attention to the slightest fluctuations in the market, because that's always a reason for you to act thoughtfully and not put your capital at high risk. There are already too many dangers here so that we can act recklessly...
When Trump wins in November, the market is going to the moon!
The economy can recover as much as it wants and the election can win whoever, fact is 1 out of 7 citizens of the US can not afford to eat, despite having on average more then 1 job. The US is done. If I had to bet which economy would prosper more - the US or any shithole country, I'd bet on any country but not the US. Also because US has China as (trade) enemy to deal with. I can't even imagine how helpless about the future of their country they must feel in the parliament. You can say whatever you want about Europe beeing socialist, but they won the prosperity competition, against all odds, not despite but for the fact of helping those in need.
I know the feeling, I also do a great job of selling lows. Please let us know when you give up that MNQ.
All 'down-trends' get busted. They are all fake-outs. They are generated by short-sellers, Not long positions exiting the market.
Methinks they won't know/finalize the winner. Mail-in ballots will appear and disappear. Inauguration day is approaching and Nancy Pelosi will open her ugly shriveled mouth. The next day market will jump off the cliff. The market hates uncertainty.
Food insecurity? You are an idiot! That statistic is bullshit. The only people who go hungry are crack addicts. Any city, any day in the US you can find food for free! Our poor people are fatter than your poor people you dumb bastard! You limey people are the true food insecure with your toast and baked bean with cheese shit for breakfast!
I stress this again:
"Can not afford" "despite having on average more then 1 job" - no crack addicts. Good luck on your bet with January 21. Lets hope your gamble plays out better then your reading.
Perhaps you are not aware, since your head is up in your ass, the US welfare system, food banks in any city, food stamps, https://www.usa.gov/food-help
For your information, I can read but it seems, you have a problem writing properly?