Pivotal Moment
This longer term chart many of you may remember. At a crucial point for the Dow. Election concerns likely to push lower, but a break above indicates all the juice that’s been pumped into the economy, in covid stimulus, is enough to overcome political uncertainty, and the potential of an authoritarian state.
If the markets aren’t free does anyone want them?
Will a collapse be enough to oust Trump?
or will a break above secure his victory in November?
These are the question the market is trying to answer.
As always, not investment advice, just looking at the DOWs tealeave trying to workout what is going on.
If the markets aren’t free does anyone want them?
Will a collapse be enough to oust Trump?
or will a break above secure his victory in November?
These are the question the market is trying to answer.
As always, not investment advice, just looking at the DOWs tealeave trying to workout what is going on.
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