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Sink to New Lows - On Election Day

Election Day

As the 2011 SPX topping model continues to replicate along very similar lines with the Australian Dollar - the end game breakdown is starting to come into view on charts extrapolated into this fall.

And although it was fascinating to watch the pattern replicate acutely this spring in May and June, the potential breakdown was always a major target of interest as either a symptom or cause of a major dislocation in the financial markets.

2011 SPX
Larger Image

Should the pattern and correlation of the Aussie to the equity markets and risk appetites continue, the timing and proportional decline into election day on November 6th, could put President Obama on the losing end of what was carried out by voters to his benefit - on November 4th, 2008.

2011 SPX Chart
Larger Image

Conspiracy theorists - eat your hearts out.

"Wall Street hands the Presidency to Romney!"

 


For more information on this fractal comparative that I have been following for several months:

To Everything There Is A Season
A Bet Against The 1%
The Game
It Was a G'Day
SPX/FXA Analog Update
Down Under
SPX/FXA Analog Update
SPX/FXA Analog Update
SPX/FXA Analog Update
SPX/FXA Analog Update
SPX/FXA Analog Update
SPX/FXA Analog Update
G'Day Risk

 

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