07 November 2016

SP 500 and NDX Futures Daily Charts - Risk Assets On

Markets went off like a rocket from support, thanks to a short term very oversold condition, along with a change in market sentiment that appears to anticipate President Clinton II and a Republican House.

The only surprise that I think is remotely probable is a Trump win or close showing in the popular vote, but a big loss in the electoral college.

And although others have said it, tomorrow settles nothing. The restlessness of the people should be obvious, and the onus for change will be on the President to be and the ruling elite.  I am not optimistic.

Let's see what actually happens tomorrow.

Have a pleasant evening.