US stockmarket analysis before the elections

5 nov

NQ1! NDX SPX

I anticipate a deep correction to at least 16250 level , which will be reached probably by the end of the year .

If the 16000 area fails to support price then we might see a significant bearish move that can reach as deep as 10000 , and generally on all US index futures I am anticipating at least a 20-25% correction which could even reach 50% downwards if we fail to find support.