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The SPX is still in a nice bullish uptrend, with it staying above the rising 20 MA and 50 MA.
The Presidential election is still not 100% conclusive yet as President Trump still fights on. We will have to wait for Jan 6 where the electors will send their votes to congress.
With two slates of electors from swing states, if a representative and senator objects to the results, then a debate may follow. It may still be up to the representatives from 50 states that will decide who will become the next president.
If the Republicans and GOP stand firm together, it is likely that President Trump will have a 2nd term. That's because the Republicans control 27 out of 50 states.
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Jan 18, 21 10:34 AM
New chart lesson for the 3rd week of January 2021. Hope you can benefit from this.
Jan 04, 21 11:30 AM
In this week's chart lessons, we will have a look at bitcoin and other charts.
Dec 29, 20 07:47 AM
We should continue to be bullish on the S&P 500 as a weekly bottoming tail forms in this uptrend.
Dec 22, 20 09:27 AM
The SPX is still in a nice bullish uptrend, with it staying above the rising 20 MA and 50 MA.
Dec 15, 20 09:53 AM
December 14 2020 will go down in history as one of those moments where 2 sets of electors emerge for swing states in the US Presidential Election.
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