Will the election be the catalyst that pushes the market back down?

That's just it. A 35% "crash" in a month in my mind is not a downtrend.

If you were to reverse the chart, flip it upside down over the past 6 months, that 6-month trend down would be a, well, downtrend.

Oct 2018 to Dec 24th 2018 was a downtrend to my eyes. A sustained drop over a longish period a time. Just semantics I suppose.

 

So a 35% down move that lasts a month is not a downtrend, but a 35% down move that lasts 6 months (or 20 years) IS a downtrend.

Hmmm....

 

Hey, it's just the way I see it in my head, man. It is neither wrong nor right. A 5 month up followed by a 1 month down followed by a 9 month up followed by a 1 month down followed by a 6 month up, is an uptrend. <-----(Jan 2019-May 2019, to Feb 2020-a few days ago.)

Reverse that, and you have a downtrend.

 

Yes I know, but would you prefer to make 35% in just one month or 6 months?

 

Obviously quicker is better. But since my mind is locked in and scarred permanent on seeing only longs, I'll have to pick door #2, 6 months. :-(

 

That's fine too don't worry, whatever makes you money is perfect, each trader has its own unique style.

 

you are the best representantive the US can get. best luck.

 

Daily downtrend, Weekly still uptrend mind so we'll see.


Trump will get in, it'll be rigged that way, democracy is merely an illusion.

 

I expect Socialist, Living wage and everyone will be the same, you'll choose to work not for more money but out of civic duty, obviously the super rich will be richer at our expense.

 

The whole thread...... tl/dr.
We're going into a major recession very soon.
Plan accordingly.