In tune with 2020, the S&P 500 Price Just Does Whatever on Whatever

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Yesterday I posted about the S&P 500 and the sell off that took us below the most pivot low. The nearest support wasn't far at 3,410 or so.

Well, we didn't even need to worry about any more selling cus the market gapped up on no news other than outlets saying "hopes of a stimulus" and stocks have been higher for the day.

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Obviously much can happen over the next two hours till the closing bell, but clearly there was no follow through to yesterday's selloff.

The good news is its an inside day candle (atleast as of this writing) so indecision is in the air on the new term.

Market participants are probably waiting to see if any kind of stimulus deals comes out of congress in the next 8 hours. I'm not putting my money on that though.

In fact, more stimulus is a horrible idea. My post about U.S. debt later this week will explain why.

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Lmao I love your takes on the market this made my day. up down left right make money baby lol the markets have been so ludicrous just moving money around... everyone trying to get their edge on the market and make value plays into the election.

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