• 658 days Will The ECB Continue To Hike Rates?
  • 659 days Forbes: Aramco Remains Largest Company In The Middle East
  • 660 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,060 days Could Crypto Overtake Traditional Investment?
  • 1,065 days Americans Still Quitting Jobs At Record Pace
  • 1,067 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,070 days Is The Dollar Too Strong?
  • 1,070 days Big Tech Disappoints Investors on Earnings Calls
  • 1,071 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,073 days China Is Quietly Trying To Distance Itself From Russia
  • 1,073 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,077 days Crypto Investors Won Big In 2021
  • 1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,078 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,080 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,081 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,084 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,085 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,085 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,087 days Are NFTs About To Take Over Gaming?
Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

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

 

Back to homepage

Leave a comment

Leave a comment