Of course we have to believe that no one can control or impact any markets around the world but it happens so many times that TIMING just works out when it needs to.
The US market has been so strong till a week ago. As most analysts reports show a strong market leading into US Elections and then depending on who wins will decide if we are going up then down ( Trump) or down then up (Biden).
The end result is the same but its what happens along the way.
The past few days seems to be a planned(controlled) sell down.
Tuesday Night is 1st debate between Trump and Biden and if all goes according to plan (unless China gets in the way), they will give the 1st debate to Trump and the market will rally. BUT don't get too excited they will do it again. Profit taking/sell down a week later and then 2nd debate Trump wins - market goes up.
Until S&P Futures close above 3330 again the volatility will be here.
A break under 2950 will be ALL BETS OFF ( possibly a Biden win)
Enjoy the next 5 weeks as it will be a very bumpy ride.
Trade with what you can pay for - This period is not for gamblers as 9 out of 10 times THE HOUSE WILL WIN.
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