{"id":10760,"date":"2020-11-04T09:50:51","date_gmt":"2020-11-04T09:50:51","guid":{"rendered":"https:\/\/tradingshot.com\/?p=10760"},"modified":"2023-05-02T09:53:18","modified_gmt":"2023-05-02T09:53:18","slug":"sp500-the-elections-can-kickstart-a-30-yearly-rally","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2020\/11\/04\/sp500-the-elections-can-kickstart-a-30-yearly-rally\/","title":{"rendered":"S&P500 The elections can kickstart a +30% yearly rally!"},"content":{"rendered":"

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The chart comparison doesn’t need much explaining. I compare the price action on the 1W time-frame that led to the 2016 actions with today’s sequence.<\/p>\n

Both patterns are Megaphones on a descending RSI with the 1W MA50 (blue trend-line) acting as a Support on the Megaphones late stage. On the November 07 2016 1W candle, S&P rebounded, starting a non-stop rally that didn’t give any important pull-back until January 2018, achieving a +36% rise!<\/p>\n

Can S&P rebound on this week’s election candle, completing the (e) leg?<\/p>\n

Feel free to share your work and let me know in the comments section!<\/p>\n

Please like, subscribe and share your ideas and charts with the community!<\/strong><\/p>\n

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!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!<\/p>\n

\ud83c\udf89 \ud83d\udc4d Shout-out to TradingShot’s \ud83d\udcb0\u00a0top TradingView Coin donor<\/strong>\u00a0\ud83d\udcb0 this week ==>\u00a0didogetsov<\/a><\/p>\n

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Tradingiew link:<\/div>\n<\/div>\n
https:\/\/www.tradingview.com\/chart\/SPX\/AGFklJNw-S-P500-The-elections-can-kickstart-a-30-yearly-rally<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

  The chart comparison doesn’t need much explaining. I compare the price action on the 1W time-frame that led to the 2016 actions with today’s sequence. Both patterns are Megaphones on a descending RSI with the 1W MA50 (blue trend-line) acting as a Support on the Megaphones late stage. On the November 07 2016 1W<\/p>\n","protected":false},"author":611,"featured_media":10761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1639],"tags":[],"class_list":["post-10760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=10760"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10760\/revisions"}],"predecessor-version":[{"id":10764,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10760\/revisions\/10764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/10761"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=10760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=10760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=10760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}