Many of the investors mistakenly believe that it is the best time to wait after the election results to buy shares.If PAPPU's party comes then the economy might not do good or if NaMo's party comes then the economy will boom...(JUST AN EXAMPLE...I AM NOT TARGETING ANY ONE HERE) People just believe that their favourite politician/party will take the economy ahead...Truth is totally different...No matter which party comes the year following the election is usually a disaster with very few as exceptions as in 2004.
1st year after the election------BEAR MARKET/CRASH (2021) 2nd year after the election------BEAR MARKET MAY CONTINUES TILL FIRST HALF the rest of YEAR 2 is bullish (2021) 3rd year after the election------BEST YEAR AMONG THE 4 YEARS (2022) 4th year after the election------CHOPPY ONE (1st half best and second half is little bearish (2023)
2024-ELECTIONS 2025-CRASH
Over the past 100 years this 4 year cycle is unfolding like as if a script is written by the politicians. lol The year after the election is not good because whatever be the negatives immediately after the election and all the positives 2 years before the elections to get reelected and the markets behave the same way.
There are many historical datas which can be used to predict the way the markets might move based on the psycology of the humans which will never change like the price action patterns...months and days of a month where the market is most bullish/bearish like tue/wed are the most weakest days taking example for the past 1 year.
If you guys are interested in these kinds of historical data posts which might help in making good strategies for the market do let me know below in the comments
FOLLOW me for more such content ahead...TILL THEN HAPPY TRADING :)
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.