US Election vs Stock Market

MSFT – Are You Paying Attention?

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MSFT - Then

  • I posted a potential Head & Shoulders (H&S) pattern in MSFT on 11 September. 

MSFT - Now

  • Did you act when MSFT formed the right shoulder (S) and retested the underside of the gray price channel?

  • MSFT reversed precisely where expected.

  • The chart shows the present wave structure of MSFT.

  • The initial target is the red rectangle. The next target is the H&S projection of approximately 305. 

  • There is more downside potential but there are no firm targets yet.

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  • Consider following me on X (former Twitter) in addition to the newsletter, as I often post valuable information there in real time between the newsletters.

  • For example, yesterday, I posted an ST SPX pattern for the ten days before and after US Presidential Election Day based on the last 70 years.

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