Both QQQ and SPY holding just above SMA50, and wavering around the same level. Most of the investors keeping cash in side lines to see the elections results.
If I guess, Whatever may be, just after elections whoever wins, market is going to jump and then show real trend.
Only big boys like you 
did that.
Indices might be wavering but many hot cloud stocks are rallying.
Just a few examples,
I never expected Monday crash like this, but expected a down day today !
The uptrend is looking some clue from MSFT, AMZN, AAPLâŚetc results. Market may not be long term up after mega results are over.
My worry is may have riots regardless who won. Market hates riots.
You are expecting Biden win and riots will start by Republicans. It is the image - all our no-accountability freedom press/news/media created hypes - every elections after elections.
IMO, all polls are skewed and Trump will win (somehow I blindly feel like that)
On any case, market may not be up after AAPL results are over.
If MSFT creates any issue today afternoon results, that is end of story for market for this season.
Letâs 
QQQ closed right on the upper channel downtrend line. Whether breakout or breakdown would depend on MSFT 
As usual, MSFT is going drastically up and down, while waitingâŚ
The issue with charting (and my own algorithms) is in free fall, market makers let the S&P and Nasdaq to go freely to downside.
It is going to be challenging year for the next government (who ever it may be).
Think about what will happen when adding stress on Corporate tax raising 21% to 28% and having a Corp-AMT 15% on income !
Hot cloud stocks, AMZN and TSLA make no $ 
So doesnât matter what the rate is 
. Increase in income tax for SWEs is not an issue since software businesses can pay them more. These SWEs can hence afford to pay for more expensive meals and housing 
The play is already obvious to everyone. Trump will claim victory on election night before most of the votes are counted as more then half will be mail-in ballots that takes some time to count. Hence why they have spent the last few months pushing their supporters to vote in person. This is also why they rushed the judicial confirmation as they think John Roberts may rule against them when they go to court on tuesday night to stop counting. Bret K already telegraphed it when he talked about Bush v Gore on the wisconsin decision eventhoâ the supreme court explicitly stated Bush v Gore should not be cited in the future. Trump has a plan to steal the elections and itâs obvious. So you have impartial business groups now having to put out statements like the below:
You are thinking of a situation like Bush vs Gore, guessing what will happen. This is again the hypes created by freedom press.
IMO, we will get a clear verdict by the People of America ! Wait and watch !!
Wait and watch how the market reacts if Biden wins !
Any way, we will see all the details in few daysâŚ
The market pretty much ignored the summer riots even though they were in centers of economic activity.
âThe charts, as interpreted by Katie Stockton, suggest that Facebook, Amazon, Apple, Netflix, Google and Microsoft, are ready to roll higher after yesterdayâs beatdown for the broader averages,â the âMad Moneyâ host said.
âYou have my blessing to buy a little bit before they report on Thursday night if you donât own them already,â Cramer said. âAnd if they get dinged after earnings, Iâm betting that they will be safe to buy into even more weakness.â
Is BTFD time.
Come on man! Donât jinx it! I have been waiting for a crash for months now!
V Good.
[edit] Possibly lowest today (we never know)
Frankly (Not political), if single majority (president, house, senate) wins, market shoots up temporarily, Otherwise wait until Dec 31, 2020 (deep dive possible).
Riots is possible. Widespread and massive kind.
