Last week I introduced a Presidential Campaign Momentum chart (link). One thing that came from the discussion was a recognition of Elliott Wave patterns in this social mood derived chart. A "b wave top" was spotted for the trajectory of Clinton's campaign and a "c wave low" for Trump. From this labeling (shown below) we expected the next wave for Clinton to be 5 waves down. For Trump, an up move was expected next with possibly the entire election hinging on whether the next wave set for him is a 3 wave corrective move up or a 5 wave impulsive one. A 5 wave move up for Trump would be just the beginning of a new strong surge in the polls.
It is fascinating that we were able to call the direction of the next wave set using this combination of Elliott Waves and the MarketMood social mood data. You have the exclusive information here that the entire presidential election could very well rest on the next week or two. That is, not what the candidates do or say in the next week or two, but what the pattern is in the social mood data.
Looking at our momentum chart, Clinton has 3 waves down so far, and Trump 3 waves up. They are both on a possible wave 4. The sharp drop for Clinton does appear right for a 5 wave drop. Today's health news could end up being a part of the 5th wave. Trump's rally so far has more of a corrective look to it, but we will have to wait a few more days to clearly see if he is working on a 5th wave up, or beginning another 3 wave drop down.
It is fascinating that we were able to call the direction of the next wave set using this combination of Elliott Waves and the MarketMood social mood data. You have the exclusive information here that the entire presidential election could very well rest on the next week or two. That is, not what the candidates do or say in the next week or two, but what the pattern is in the social mood data.
Looking at our momentum chart, Clinton has 3 waves down so far, and Trump 3 waves up. They are both on a possible wave 4. The sharp drop for Clinton does appear right for a 5 wave drop. Today's health news could end up being a part of the 5th wave. Trump's rally so far has more of a corrective look to it, but we will have to wait a few more days to clearly see if he is working on a 5th wave up, or beginning another 3 wave drop down.
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