Trumps test positive for COVID

Think its safe to assume increased market volatility over the next 2+ weeks as Trump and those around him go through the recovery process.
 
Trump doesn't Smoke or Drink Alcohol, that's a Big advantage!
 
He was administered Regeneron right away. Regeneron is still in clinical trial. Might give a pop to that lagging Nasdaq iShares Biotechnology ETF IBB which has really been flat since May.
 
Might give a pop to that lagging Nasdaq iShares Biotechnology ETF IBB which has really been flat since May.

Inverse H&S negated today with the big move over previous high. Good index to watch going forward.

ibb hs.png
 
Inverse H&S negated today with the big move over previous high. Good index to watch going forward.

I would say that one is a head and shoulders pattern.

This one is the inverted H&S...

100520eb.gif
100520e.gif



As I mentioned in today's commentary, re: the Transports, sometimes head and shoulders are continuation patterns, rather tops or bottoms. Depends on the trend.
 
Yes, that was a typing error. The IBB index negated a bearish H&S pattern today.
 
Trump didn't look too healthy in his return to the white house. Looked like he was struggling to breathe.
 
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