Wyckoff MethodToo much positivity in the market currently after Trump has botched the Coronavirus response. We do have a new president who isn't even going to be sitting in the White House until late January. My overall opinion is that this is too much positivity too quickly due to the fact that Coronavirus is still out there with a possible preventative measure that will have good/bad news LATE November along with rising cases (in some countries exponentially growing)
This vaccine is not a cure but a way to prevent the masses from getting it and they will only be able to distribute 50million globally. SO the current 50 million that have it will not just disappear. Currently, there have been talks of more shutdowns and if that's not actually happening we could see cases get much worse prior to the vaccine distribution.
