With the SPY showing signs of weakening uptrends and the market struggling to hold momentum, I’m curious—how do you think the upcoming U.S. elections might impact this trend? Do you see any historical patterns around election periods that could give us insight into what might come next?
Hard to predict how the markets will react to the results. Best to understand the current conditions and be ready to react. The short-term trend and momentum suggest more pain ahead but a move above 5’775 would suggest we are ready to go up again.
With the SPY showing signs of weakening uptrends and the market struggling to hold momentum, I’m curious—how do you think the upcoming U.S. elections might impact this trend? Do you see any historical patterns around election periods that could give us insight into what might come next?
Hard to predict how the markets will react to the results. Best to understand the current conditions and be ready to react. The short-term trend and momentum suggest more pain ahead but a move above 5’775 would suggest we are ready to go up again.