Please refer to chart for explanation of idea.
Note
Both drop seen on the chart happened in fall following presidential election were a president is in his first mandate. It's purely speculations, but the conditions we are in right now are very similar to the ones in 2000 and 2008.Note
I will be looking for a breakout. Elections already gave SPX500 a big hit as expected. It's important to play it safe here.
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.
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.