The Trump trade is getting imposed across asset markets into the election and one can see the low probability/high impact ending expanding diagonal pattern (blow off). Normal for commodities and inflationary regimes
Note
Trumpian breakoutNote
Objective reached interestingly in Nov just like in Nov 2021Note
Quite a rejection off that levelNote
Surgical reversalNote
Initial 5w down off the high. Significant Note
That 2446 is significantNote
The kiss of death from that levelNote
Russell as expected highly pathetic from the key levelNote
Small caps imploding as expectedNote
Beautiful collapse
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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.