TradingView
Blue_Galtz
Oct 22, 2020 9:52 AM

SPX500 - No stimulus until the election 

US SPX 500OANDA

Description

No stimulus because no one on that house wants to give free votes to the opposition. After elections, they must have an agreement. Until there, 3100's is probably the bottom before try news highs.

(Not a financial advice. This is my first public chart)

Comment

For now, its working accord to planned. Dont forget the GDP numbers tomorrow, 30/11. Mnunchin said last week that are "very good numbers". After this sell off, a (dead cat) bounce is required. The top target should be around 3360-3390 before goes down again.

(Not a financial advice. This is my first public chart)

Trade closed manually

Trade closed manually

Aged well, but had to close it manually around 3200's because the news on that period changed to a bullish scenario
More