The race for the White House will come to an historic conclusion tonight. Most voting stations on the U.S. east coast will open their doors at 7 a.m. ET, with the key battleground states of Pennsylvania, North Carolina and Florida among the first to close. The last round of national polls showed Clinton with a steady but narrow lead over Trump, but this has been one of the most unpredictable campaigns in modern history
Traders expect markets to fall sharply if Trump wins, with Mexican stocks and bonds likely to suffer the most. There are some, though, who think that his low-tax policies and his promise to invest in infrastructure would eventually spur market sentiment. A victory by Clinton would likely lift markets in the short term, but there is little certainty that the rally would last, especially if her victory is a narrow one that increases polarization in Washington.
Crude prices will rebound much less than expected in the next four years, according to OPEC’s annual World Oil Outlook, forecasting that oil demand won’t rise as quickly as once thought and petroleum supplies will be resilient. The 14-nation group will account for much of the world’s growing oil production, however, its share of the global market will increase as U.S. output from shale fields slows down.
In Asia, Japan flat at 17171. Hong Kong +0.5% to 22909. China +0.5% to 3147. India +0.5% to 27591.
In Europe, at midday, London +0.1%. Paris -0.1%. Frankfurt -0.3%.
Futures at 6:20, Dow -0.1%. S&P -0.2%. Nasdaq -0.2%. Crude flat at $44.87. Gold +0.5% to $1285.70.
Ten-year Treasury Yield -1 bps to 1.81%
(Source: Seeking Alpha)
US Presidential Election today may make for a confused trading session as all betting tables are now closed. America, albeit, the Planet awaits anxiously for today’s outcome.
Will America be a Country of Greatness or one of continued Corruption? You as an American have a VOTE…Exercise this important privilege today and VOTE TO MAKE AMERICA GREAT AGAIN. #MAGA
Range Projections and Key Levels
**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.
Today’s Hypotheses: September (Z) Contract
*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.
Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.
Stay Focused…Non-Biased…Disciplined ALWAYS USE STOPS!
“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee
*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS
IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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