November 7, 2016
Technical Analysis and US Presidential Election
This is great year, we had witness the history event of what happened on June 23, United Kindom and the world during the Brexit vote. We might be able to imagine or get an idea of what may happen on November 8 on US Presidential Election. Whatever happens on November 8 it will be historically very important. We may want to replay the pattern a few times of Brexit, so we could recognise them quickly.
One thing for sure, the volatility. Although Brexit involves more than just United Kindom, it involves everyone in the EU, the people, the countries. As for the US Presidential Election, it results may affect the future US policy, but the country structure should be able the shock.
If anyone had study the VIX index, you would probably notice the spike on June after the Brexit.
^GSPC | S&P 500 Travel South For the Last Two Weeks | Wow!
The wave had slopped up and band down. Is it true the topping is now over? Will see. May be the index is due for a pullback. True or true?
November 4, 2016 ^GSPC S&P 500 Daily and 34 EMA Wave
Have fun!
Moses US Stock Desk
AmiBrokerAcademy.com
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