Thanks Redbacka, thorough again and makes sense. But is the old...

Thanks Redbacka, thorough again and makes sense. But is the old technical analysis irrelevant today with a combined Treasury/Fed/Donald Trump rolled into one who haven't had such power since 1913. Do we think he'll let the market drop especially in an election year. S&P 500 might just trade on extreme multiples, people may forget that there is risk, and technical analysis may have to wait for another President.