A contested election will likely send us sideways and further into the current wedge but with little predictable volatility.
Biden win could break us down and accelerate the wedge, giving the index an intra-week target of 2850.
Trump win could also send us sideways and further into the current wedge, with the next likely move being to the resistance at 3500. Ultimately leaving open the case for a bull flag, with a conservative target of 4000 for August 2021.
Biden win could break us down and accelerate the wedge, giving the index an intra-week target of 2850.
Trump win could also send us sideways and further into the current wedge, with the next likely move being to the resistance at 3500. Ultimately leaving open the case for a bull flag, with a conservative target of 4000 for August 2021.
Nota
and we stopped at 3500.75 on Fridays closeTrade ativo
Game-changing news about the vaccine caused a run on the resistance of 3500. Go heavy on renewable energy plays, cannabis plays, and energy transition plays.Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.