ThrivingProject

S&P Mean Reversion

Short
SP:SPX   S&P 500 Index
Let's see SPX crash by November (election month) of this year. Note that the 333 moving average acts as support; it acted as support during the subprime mortgage crisis as well as during the collapse of the Bretton Woods System in 1973-1974. As Donald Trump slowly loses his support to Joe Biden, the stock market will slyly collapse to the level that it was at when Barack Obama began to campaign for president in 2007. Meanwhile, more liberal politicians will join the the public service sector and behavioral finance will by demonstrated as large corporations, business magnates, and other financial analysts transition to a bearish sentiment.
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.