Will This Chart Hand the Presidency to Mitt Romney?
As the 2011 SPX topping model continues to replicate along very similar lines with the Australian Dollar - the end game breakdown is starting to come into view on charts extrapolated into this fall.
And although it was fascinating to watch the pattern replicate acutely this spring in May and June, the potential breakdown was always a major target of interest as either a symptom or cause of a major dislocation in the financial markets.
Should the pattern and correlation of the Aussie to the equity markets and risk appetites continue, the timing and proportional decline into election day on November 6th, could put President Obama on the losing end of what was carried out by voters to his benefit - on November 4th, 2008.
Conspiracy theorists - eat your hearts out.
"Wall Street hands the Presidency to Romney!"
*Post courtesy of Erik Swarts at Market Anthropology. He is an independent trader and investor. His work has recently appeared in Barrons, the Wall Street Journal and MarketWatch.
For more information on this fractal comparative, please read on.
More like this...U.S. Economy by the Numbers: 70 Facts Barack Obama Does Not Want You to See
It is difficult to communicate dozens of complicated economic and financial concepts in a package that the average person on the street can easily digest. We've made it as easy as possible with this list...
Obama to Wall Street Donors: "I Won't Demonize You"
Campaign season is heating up even for the Obama administration, as the president opens up his reelection campaign asking the wealthiest on Wall Street to put up some cash, despite calls for higher taxes on the rich.
How Much is President Obama Worth?
You may be surprised at how much Obama is raking in, especially compared to his VP...