Historic Stock Market Moves Are Too Fast? [S&P 500 Technical Analysis]
day trader November 7th. 2020, 4:40amThe stock market just posted a historic move after the US election. With the presidency still in the balance has the stock market overacted or is this more of the same for the next 4 years? We look at the S&P 500, Nasdaq, Dow Jones, Vix, USDX, and Gold from a technical analysis perspective for the week ahead. What is the price action telling us about this current crash on the Stock Market? 👇👇👇👇👇👇👇
🆓Sign up for our FREE Public Discord Trading Chat & Get your FREE Technical Analysis Pattern Cheat Sheet ▶︎ http://bit.ly/2UXPAVE
🐙Join our Private Trading Community with a 7 DAY FREE Trial https://bit.ly/3mZkCbf
👉Stock Trading Platform
Webull (Get 2 FREE Stocks): https://bit.ly/3jPkBow
🍒Interested in learning how to trade? Check out our website for our courses and Private Discord Group Subscriptions: ▶︎ www.fxevolution.com
📊Follow us on social for more updates:
▶︎FB @FXEvolutionAustralia
▶︎IG @fxevolution
Music Bensound: Summer
Music LiQWYD: Night Out
DISCLAIMER: The information contained in this video is generic in nature and for educational purposes only. The information does not take into account your personal objectives, financial situation or needs. This information is not to be construed as an offer, recommendation or solicitation to buy, sell or to participate in any particular trading strategy or investment advice. FX Evolution does not represent that any of the information provided is accurate, current, or complete and you should not rely upon it when making your trading or investment decisions.
CFDs and margin FX are leveraged products that carry a high level of risk to your capital. You do not own, or have any rights to, the underlying assets. Trading is not suitable for everyone and may result in you losing substantially more than your initial investment. Past performance is no indicator of future performance. Please consider the risks involved, seek independent advice and read the relevant legal documentation (available on our website) before making a trading or investment decision.
DISCLOSURE: We only recommend products and services that we use on a daily basis. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel as we wish to spread our knowledge and years of experience
#Stock Market
#Day Trading
#Stock Market Analysis
Video Rating: / 5
Compensation Disclosure
-
This site receives compensation for referred sales of some or all mentioned products.
November 7th, 2020 at 5:33 am
You mentioned that post election results the markets always move up. Not in 2008, where they continued to crash for a few months. There was the housing crisis, and we're also still in the middle of a crisis. After the 2000 election when George Bush very narrowly beat Al Gore, we also saw a big move down. Imo, any move up is probably going to be a bull trap. There could be uncertainty for a while yet if Trump starts to contest, and then stimulus could take a long time. When it all settles, if we have a democrat power base, we will probably see tax changes that will also move the markets down. I think that longer term we're looking at a bear market.
November 7th, 2020 at 6:18 am
Both candidates for senate in georgia failed to achieve a 50% vote. They now have to have a runoff election in January. Which means there are 2 seats available that if won by democrats will create an 50/50 senate with the tie breaker being the vice president. If Biden wins, Kamala Harris is the final seat. That means there is a possibility of a blue wave for two more months. 🤯
November 7th, 2020 at 6:49 am
Amazon may have started the future, others are catching up. They still have crappy profits.
November 7th, 2020 at 7:10 am
No pullbacks. Only up
November 7th, 2020 at 7:53 am
Good tips!
November 7th, 2020 at 7:55 am
Great vids….what site do you use for charting?
November 7th, 2020 at 8:01 am
Hi Tom, What pivot indicator you use in tradeview ?
November 7th, 2020 at 8:35 am
gridlock sounds like uncertainty and no mans land
November 7th, 2020 at 8:50 am
I just realized something… do we have golden crosses coming? @_@
November 7th, 2020 at 9:39 am
Appreciate all the effort this week
November 7th, 2020 at 10:14 am
Honestly thanks for the free content sometimes I don’t have anything else to lol 😆 I forward to.
November 7th, 2020 at 10:23 am
It was a shakeout last Friday, shakeout retail investors last week with fear, and the bigs came in on election night to steal their shares
November 7th, 2020 at 10:33 am
Thanks for the follow up Tom, the live stream yesterday was great.
November 7th, 2020 at 11:28 am
Thank you!
November 7th, 2020 at 11:51 am
The red and blue lines , what are they? Cheers
November 7th, 2020 at 11:51 am
Thanks!!
November 7th, 2020 at 12:40 pm
BTC Breaking out
November 7th, 2020 at 1:04 pm
When Tom predicts a 10800 NDX or 3000 SPX when it hits 11020 and 3280 whats really going on is a market reversal.
November 7th, 2020 at 1:56 pm
Tom👍. Love your stuff but I think market is hanging because of Fed tomorrow. I reviewed dollar chart 5 years weekly and it is bullish head and shoulders inverse what makes markers and metals bearish. This rally is a dead cat bounce. The yield bond was not supporting this rally plus KRE IYT ITA XLF GDXJ SLY SPHB XRT XOP XLU all closed in red today. So seems bearish market to me. But QQQ so bullish that could pull market up short term. To me bear marker started 9/2/2020
November 7th, 2020 at 2:03 pm
21st not looking great for me