markrivest

Enthusiasm Trumps Polls

TVC:IXIC   US Composite Index
4
My election call worked out better than my market call. While the votes were being counted stock futures plunged.
On November 9th after Trump was declared winner - the cash market dropped for one minute before starting an all day rally.

Near term there could be more rally up the declining trend line, and/or a .786 retrace of the Nasdaq decline from the high of the year.

Mark

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.