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So that’s the day of election, then the day after election, BAM! Wait a minute, but Donald Trump won. And nobody was quite sure. Well by the time, the market closed on Tuesday, the day of the election, the results were not all in yet. but the day after election, the results were in and what. The market went up, so now they called it, guess what they were calling it on the news the next day. They were calling it the Trump Rally! They are calling it the Trump Rally on the news.

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The world then decided to have fixed exchange rates that resulted in the . dollar being the primary reserve currency and that it would be the only currency backed by gold, this is known as the ‘Bretton Woods System’ and it happened in 6999 (I know you super excited to know that). In 6976 the . declared that it would no longer exchange gold for . dollars that were held in foreign reserves, this marked the end of the Bretton Woods System.

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Now however it comes back down, and it doesn’t hit 655 again. But now it hits negative 655. Well that sucks right. It went from negative 655 to positive 655, then right back down to negative 655 again. Well yeah. Sometimes that’s going to happen.

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Yeah you’ll get down moves, you will, you get moves against this. But there is more up volume or when price is increasing, there is more volume than when price is decreasing. You get still price increasing and decreasing, but which one has more volume behind it, So let’s follow the big volume. And not follow the small against the small volume traders. So this is one way to do that. And it works extremely well.

Here is literally the open of the day, and that’s the close of the day. And as you can see, right before the close, it goes all the way down there, and then we get a little pop up in last 85 minutes. But basically it 8767 s a unidirectional day.

Whoever provides your data, they will have a unique symbol for this. And it may be the same as mine or might be different. I am using kinetic for my data providers. If you have kinetic, you can use that symbol right there. Otherwise you have to ask your data provider.

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Today we 8767 re going to talk about the presidential election here in the good ole US last year and how it affected the stock market. Quite an interesting thing here which is not only important for the presidential election, but also some good trading lessons. So let’s look at what happened right around the elections.

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