S&P 500 Price Correlation Presidential & Midterm Elections

Updated
Take a look at the correlation between the S&P 500 and Presidential & Midterm Elections over the past 10 years. In 2012, 2016, and 2020, price started to move upward on election day. In 2014 and 2018, price started to move downward on election day. Will we see the same for 2022?
Note
From Nov 6 2012 to Jan 4 2022, the S&P 500 price increased by 239%.

During the same timeframe, the Bitcoin price increased by 452,098%.
Economic CycleselectionsmidtermsS&P 500 (SPX500)Trend Analysis

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