Nov 5th: Markets are also a voting machine - Market Weather Report

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Free for all subscriber levels I Algorithmically generated I Not investment advice

$SPY and $ES_F moved up into the open daily gap before the two big votes over the next two days. From Monday’s post Nov 3rd: Rate-Cut Retest

We wrote about the 14 days during which $SPY and $ES_F chopped around 580 / 5850 only for the magnet line to repel price back to the October 1st close.

The Halloween candy buzz wore off quickly and led $SPY to close right where this uptrend started: September 19th and the announcement of the first rate-cut.

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Commentary is observational and may differ from the algo generated insights.

• Algorithmically generated insights on 100+ US listed stocks, bonds, commodities, currencies, and crypto: SPY, QQQ, DIA, IWM, NVDA, META, AAPL, AMZN, NFLX, GOOGL, MSFT, IBIT, ETHA, COIN, UUP, TLT, GLD, TSLA, AVGO, JPM, XOM, WMT

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Not investment advice