RE:Today’s SP action isTODAYS ACTION is based on
1- Huge amount of call options up to $23 U.S
2- Canopy Growth moving to NASDAQ where it's much hareder to naked short.
3- As all the illegal mail in fraud votes are being counted it's pointing to Biden stealing the election.
4_ they will push up the SP as high as they can BECAUSE THE SENATE HAS YET TO BE DETERMIND AND IF THE REPUBLICANS HOLD THE SENATE ( EXTREMELY LIKELY ) then the BIDEN AGENDA is frozen shut.
5- Canopy Earnings next week .. My experience is that if the market is expecting BAD RESULTS they will push it higher prior to release then short it down on bad earnings. The reverse is true if they think the earnings are good.
6- AND MOST IMPORTANT FOR TODAY... THE FED Makes a statement at 2pm... Markets have benn know to crash when they open their mouths.....POSSIBILTY THE MARKET expects bad news so they're pushing up SP to meet the calls and then will bum rush it down after the Fed news release.