TebogoMSelepe

SP500 potential crash

Short
SP:SPX   S&P 500 Index
Both the Dow Jones and SP500 are starting to show huge technical levels of a huge correction coming. We have strong divergence on the daily time frame and low volume levels. We have the huge democratic cities with their lockdowns destroying a lot of the SMEs more specifically the restaurant industry, but for how long can this last before these small business cave in. We all know the Fed bank is pumping the stock market with QE at unseen levels but for how long will that last before the real crash happens.

Jan 6 is a also a key day as congress is meeting to count the college electoral votes and their is dual electors that have been sent by multiple states that have officially made the election contested. We could be in for a shock as to what happens in regards with Trumps claim of election fraud and the overwhelming evidence. Could we see congress count the other set of college electoral votes? or could we see a stale mate where the house decided the presidency where the republican out number democrats in district votes? Jan 6 could see huge volatility in the markets lets wait and see...

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