The S&P500 has been in a very unusual trading range in recent weeks, even months. We have to go all the way back to 1929 to find such an extended period of tight range action within 3% of all time highs! And we all know what happened back then, right?
Dr. Stoxx analyzes the current market using technical analysis and recent price action and on that basis suggests a scenario where stocks will fall after the election. Nevertheless he has found one breakout chart that could move significantly higher in the days to come no matter what the markets do.