This call is based on yesterday's key reversal and the confirmed swing today.
I don't want to make this too complicated because as you can see Trump left Biden arrived but one thing is not changing : and this is the stock market rally.
Will it last forever ? Of course not . Biden will end this bull market in a year.
But until that let's enjoy free money.
Notice how the RSI tagged the oversold territory first time since october.
I will stop out the position if we drop below yesterday's low.
I don't want to make this too complicated because as you can see Trump left Biden arrived but one thing is not changing : and this is the stock market rally.
Will it last forever ? Of course not . Biden will end this bull market in a year.
But until that let's enjoy free money.
Notice how the RSI tagged the oversold territory first time since october.
I will stop out the position if we drop below yesterday's low.
Trade closed manually:
Stocks can rally much easier with a weaker dollar.