The clock is ticking on our expected bottom formation and now is the time for skilled traders to begin to position their trades for the remainder of 2018 and early 2019. We detailed why we believe the U.S. equities markets have already, or are currently, hammering out a price bottom after the last few weeks of downside price activity. In part one of this article, we illustrated how the U.S. election cycles are really more of a global geopolitical event and often drive price rotation in the months prior to these elections. Please take a minute to read Part 1 of this two-part research post if you have not already done so.
In this second part of our U.S. election research, we are going to continue to review topics that were previously discussed as well as highlight how certain market segments appear to be setting up for a massive price reversal. So, let’s get started.