Election was big but still plenty to come this week, including tmrw’s rate cut & more importantly, the stock AND bond market’s subsequent reaction to Powell’s comments afterwards.

Trump won the election. He is pro oil & gas, anti-EV although I’m surprised LIT wasn’t down more than it was. In fact, the chart still looks constructive. I’ll review the lithium stocks & LIT charts in depth asap & post my thoughts.

I will but I’d like to let the dust (from today’s Trump rally) settle & also see how the market (and banks.. and Treasuries) react after tmrw’s rate cut.

I discovered if you turn your monitor upside down and put your chart in grey scale mode, the short outlook looks way better and is actually in our favor.

EDIT: In all seriousness. NQ futures, daily chart, it’s currently sitting right at a horizontal level of major resistance from Jul 11 2024. So long as you don’t have a margin call, keep that short open brother.

That’s how I’ve been playing it. I’ll let you know when it works out.