CPV Chart Thread, page-4119

Those that have watched this thread from the start will know that Ive called some short term tops in the past on this thread.

I was a bit mis guided during the recent US markets pullback that I didnt expect would drag CPV down as well as a few other stocks.

The Charts at the time looked bullish on CPV and other stocks as well but the entire Market got pulled back with the US market pullback. I didnt forcast that, and I didnt expect it, so I made no comment stating to expect a pullback because I didnt expect it. Nor did many others.

But Hopefully its mainly to do with the Midterm Elections in the USA, and hopefully the Market gets the wins in the Election that it wants, and then I assume we will see some positive moves on all markets .

It seems from my reading up on it, that if Trumps republicans lose some seats , then it may make it harder to retain the Tax cuts as all is planned.

If Trump retains all the seats and the House of Reps and Congress, Senate etc , meaning upper and lower house majority, then the Tax Cuts are certain and the market will rally. But if upper or lower house Majority is Lost then some doubt to retaining all the tax cuts. So based on that, it looks like the US Markets pulled back a bit to hedge its bets.

I think Trump is going to retain all the seats, and that means tax cuts will stay, and the US Markets will first shake out, then rally .

That should hopefully then trickle into more Volume for stocks like CPV and ktd+14d and bd1 hopefully.

So my opinion is we are in a short term pullback and the weeks and Months ahead should be stronger for the Marjets in general and CPV.