Could 10/22/20 be the Announcement Day for Coronavirus Vaccine?
Please see my 8/30/20 post "Peace is at Hand". That announcement came twelve days before the 1972 US Presidential Election. My guess is that 10/22/20 twelve days before
the 2020 Presidential election could be the optimal time to make an announcement about a Coronavirus vaccine.
My belief that there could be an announcement comes from President Trump's many hints of a vaccine before the election. Maybe he knows something we don't know.
Since the 9/24/20 bottom the SPX appears to be forming what could be a very bullish series of Elliott Wave "one's and two's up". If so there could be a strong steady rally into November. Hourly Stochastic has room for more rally before it reaches maximum overbought.
Seasonal bearish time for US stocks goes until mid -October. The bears are running out of time.
Mark
the 2020 Presidential election could be the optimal time to make an announcement about a Coronavirus vaccine.
My belief that there could be an announcement comes from President Trump's many hints of a vaccine before the election. Maybe he knows something we don't know.
Since the 9/24/20 bottom the SPX appears to be forming what could be a very bullish series of Elliott Wave "one's and two's up". If so there could be a strong steady rally into November. Hourly Stochastic has room for more rally before it reaches maximum overbought.
Seasonal bearish time for US stocks goes until mid -October. The bears are running out of time.
Mark
Trump admitted that the COVID-19 vaccine would not be developed before the election, despite his best efforts to get it done.
“I think we should have it before the election, but politics gets involved and that’s ok. They want to play their games, it’s going to be right after the election,” he said.