If I told you that some assets have done really well post election, would that surprise you or the majority? Nah!
What assets have done well post election or seem to be in the news of late? A strong rise in Banks, Materials, Energy and Interest Rates are just a few that come to mind. Below looks at the assets from a Power of the Pattern perspective.
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Joe Friday Just The Facts; Each of these assets have risen sharply over the past couple of months and each of these are testing breakout levels of multi-year trends/channels at the same time above.
Where these assets find themselves a couple of months from now, could go a long way in confirming or challenging some of the post election short-term trends/movement.