Don't get caught in the trapThe action of the last 5 trading days is specifically centered around the expiring call options. Beaucoup call options to $16.00 U.S.. Shorts hedge on call options. Their pattern is run up the price for call options to strike ( all the time taking new short positions as the SP rises) then short down to cover new positions..
My prediction is that there will be a short term run up on all stocks till the election....Polls ( although never accurate ) have Biden winning. This of course will cause a massive stock market crash So I see longs running up shares to cash in before the election and shorts haveing a massive HARD ON for a Biden win in order to cash in on the crash.