Americans Hire a New President.
Daily Plan 11.6.24
Traders-
Americans sent a conclusive message last night and helped bring Donald Trump back into the White House. This is Democracy at work. Despite some people’s fears and misgivings, the process worked flawlessly and the election for most part was glitch free and effective.
What else worked? Well, look at our calls from last Sunday. One after another good calls, all of these made within last week or so. You can also now have access to these calls almost every day using the link below. This is a brand new administration. This is gonna be an extremely fun next few years, do not miss this.
Starting with most important weekly low call in the emini S&P500 from Saturday:
The star of the night was TSLA however. A non stop rally in TSLA at time of this post. See below.
Levels for today
Focus should now shift to the next few transition weeks for the Presidential admins which are extremely important as well as the FOMC tomorrow. We are now trading 5946.
Price action wise, I think this if this consolidation is now complete for a push higher, then we ought to hold these levels around 5863-5868. This could be the support for a launchpad higher into 6000 and beyond.
As such this 5863-5868 level remains key for me. This is not to say it will trade, this is just to say if this trades, I may expect some support coming in here.
Scenario 1: If 5863 is traded, this may be support for a move higher into 5910. We are now 5946.
~toc
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