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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: mattstat who wrote (34001)	9/6/2020 5:30:16 PM
From: AdvocatusDiaboli	Respond to of 34822

... if a major correction comes, it will happen after the election... We have another strong bull not ruling out out a fall in the Fall. Some good opinions being put up with some logical reasoning and gut feeling. Using TA on its own is like rowing a boat with one oar. Keep it up guys. Cheers AD

To: mattstat who wrote (34001)

9/7/2020 7:42:03 AM

From: AdvocatusDiaboli

1 Recommendation

Recommended By
rdkflorida2

Respond to of 34822

Many believe that together with liquidity the coming election will have the most influence on markets in the weeks ahead. The big question is will the markets get spooked before the election or after the results are declared?
Here are the latest Election odds:
US Presidential Election Odds: Bookmakers Can't Split Trump And Biden
Donald Trump and Joe Biden are joint favorites for the 2020 Election with the bookmakers
Tom Dodd
Sat, September 5, 2:07 PM

If the bookmakers across the pond are anything to go by, we’ll have the closest US Election in many years. As of today, Donald Trump and Joe Biden are 10/11 (-110) joint-favorites for November's historic election.

For many months in 2019 and early 2020 Donald Trump was a heavy favorite to get four more years, but that turned on it's head after the outbreak of COVID-19. After securing the Democratic seat, Joe Biden took over as betting favorite in May and he's been seen as the front runner for the last four months with the oddsmakers. Now, however, they're in deadlock and can't be separated in the betting market.

US Election Odds

*Candidate*	*UK Odds*	*US Odds*	*% Probability*
Donald Trump	10/11	-110	52.4%
Joe Biden	10/11	-110	52.4%

2020 US Election Betting Data : Trump supporters will find comfort in the number of people backing the current President to defeat Joe Biden. Just over 58% of all bets placed on the 2020 US Election market in August were placed on Donald Trump, which is his highest market share since May. While so far in September he's still been the most popular with bettors with 55.8% of bets, but as you can see it's extremely close.

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