Stock Market Boom or Bust? Preparing for Election Results 2024

 

Market moving in a Wedge Pattern as we approaching the election results..  Because we are expecting huge volatility in next week; LONG STRANGLE is the way to go . Because its a Premium giving strategy ,premium management hold the key

 
Savvy pattern recognizers likely initiated one leg (the call) of the long strangle when the market was near 22,000. Now that the market is at the top of the wedge, they'll likely be adding the put side of their positions.