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Electionday

US30 volatility during the presidential election nightI just found something interesting to share with you. The events that happened on Election Day, November 8, 2016, and in the early hours of the day after were so significant. The group that dumped and pumped assets during that time also bought the COVID crash lows, when everyone thought the world was ending, and then defended their positions. Wow, I mean, who is this group? Just be careful. Even if Trump wins big, I think the volatility will be intense, especially for Bitcoin. I believe it will hit a new all-time high (ATH) and then dump hard.
CAPITALCOM:US30
by trollist
More red to come, slight reprieve next weekHere is the plan for the near term. Still looks like we are in the tail end of Intermediate wave 1 inside of Primary wave 5. Looks like we are in for big drops after the Fed meeting, but the inflation report may remain tame in the short-term. The estimated path for the rest of Primary wave 5 is here with the turnover occurring around US elections: Here is the estimated path for the rest of the correction/recession. Still hoping for the final bottom by March 2025, could be sooner or later of course.
SP:SPXShort
by StockSignaler
8
$DXY Flat before #ElectionDay$DXY is looking it wants to bottom. These are the elements in favors of bulls: A recent bullish divergence on the RSI indicator. The RSI has found support on 40 level The RSI divergence perfectly matches the end of a bearish Wave5 The Bullish Wave 2 has been triggered and marked a low signaled by S34 and A55 exhaustion points However, there are still some things in favors of bears: The bearish countdown which started on SU9 (Aug 6) is not over (bar 7/13) To complete this countdown, $DXY needs to close back near the bearish Wave 3 target (@92) A potential bearish wave 2 is also in progress TDST Resistance has not been breached yet To get a clear direction, we will probably have to wait for the results of the elections. IF $DXY closes above @94.5 a bullish wave 3 should be favored with a first target near @96 Otherwise, a further decline remains likely, with a bearish wave 3 target near @92
TVC:DXYShort
by MATHR3E
1