US PRESIDENTIAL ELECTION NOV 8TH - OUTLOOK

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A Clinton victory will be good for the dollar, but for all the wrong reasons. Hillary is bought and paid for so we will see her wage war against Syria/Russia on behalf of Saudi Arabia & Qatar. A Trump victory will be exactly the opposite and a move back to isolationist, which will be far more positive for the domestic economy and a 15% corporate tax rates would see $3 trillion in cash pour back into the USA. The dollar will soar for economic reasons. So it appears that no matter who wins, the dollar will rise and that will aid the stock market.

Nevertheless, the markets appear to be manipulated for they are desperately trying to sell the share market down under the theory Trump might win. This certain would not even hold up fundamentally given our models and the trend in capital flows. Clearly, the powers that be are trying very hard to press the market down to say see what Trump would do. The logic is completely opposite whereas Clinton will get us into war and Trump would be more isolationist.

Our models show more of a reaction than a change changer. Just watch the 160150 level in the 30-year bond futures. A monthly closing below that level will signal the Bond Bubble has burst. In the Dow Jones Industrials, the number to watch will be a monthly closing below 17330. These are the numbers to pay attention to that would signal a change in trend mid-term. Meanwhile, a closing in gold on a monthly basis below 1242 will also signal a change in trend to the downside is likely. - Martin Armstrong

Soruce: ArmstrongEconomics.com
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The dollar should make a reaction to the downside with a Trump victory, which is totally illogical. We need a weekly closing ABOVE 11284 to signal some follow-through up to 11460 area. However, if Euro closes below 11197, then it’s all over and we will see the dollar rise, not fall. There does not appear to be a BREXIT Moment here.
Anmerkung
Like in the Dow, we have a turning point next week with a Directional Change. A dollar low at that time may be a surprise to those who believe the propaganda of the those who have tried to hold the establishment against the people.
Anmerkung
Soruce: ArmstrongEconomics.com
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