Market Top on 9th Nov 2020

We could be entering into the worst bear market of our generation

I am not an American, but I rejoice with the world when Joe Biden was elected. Like many others, I kept refreshing on the counts and why Nevada’s wasn’t moving. On 9th Nov 2020, Monday, when it was confirmed that Trump had lost the White House, the market cheered and moved up in a straight line.

Then it moved down in almost the same fashion.

As a market participant and having worked as a professional trader in a macro hedge fund and proprietary trading firm, I am…