Standard & Poor's (SPX)

SP:SPX   S&P 500 Index
138 8 12
After the important breakout of the resistance at 2.134 point, the S&P             could have a period of laterality. We also believe that the level of 2,134 points represents a new and important support.
mgiuliani MindTrader
Thank you for your analisys!
welcome brother
Not sure if this is correct, but trends have shown a market crash after election of new US presidents haha. It has happened the last two major presidential elections in 2000 and 2008. I wonder if the market is set to crash around November, or is it a complete coincidence? I know there were other factors involved with the major market crashes but a contributing factor could be major uncertainty from a new leader in the US. Any thoughts?
mgiuliani Brandon Unglaub
Thank you again for your comment. Well, apparently the FED seemed very resolute to raise rates as early as next September meeting, and in any case in one of the three meetings before the year end. Obviously the uncertainty by the US elections could make this hike improbable, but the FED said the opposite: it announced that the possibility of impending economic crisis fell, but always possible, and that the inflation trend will be taken in assessing for a rate increase. In my view the FED will hike the rates before the year end, this could be an answer to your question (if the market crash in the election's month). You must consider the powerful of the central banks and their QE policy, that in 2000 and 2008 wasn't yet.
mgiuliani Brandon Unglaub
Take also a look at the last interview of Gundlach. “The artist Christopher Wool has a word painting, 'Sell the house, sell the car, sell the kids.' That’s exactly how I feel – sell everything. Nothing here looks good,” Gundlach said in a telephone interview. "The stock markets should be down massively but investors seem to have been hypnotized that nothing can go wrong."
Good points, thanks for the insight!
Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
If you find useful my analysis, please hit the LIKE button and follow me.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out