Market Forecast Thru Yi Jing

Period : 29 Oct – 8 Nov 2020

Discontentment Leads To Uncertainty

The previous period was filled with news on conflicts and discontentment. Demonstrators in Thailand have expanded their protests internationally. Floods and huge mudslides in Vietnam have destroyed homes and tens of thousands forced from their homes as California wildfires rage.

29Oct to 8Nov is the ENCOUNTERING Hexagram. 

The Republican President Trump is being challenged by Democratic Party nominee Biden. Joe Biden has been ahead of Donald Trump in most national polls since early 2020, hovering around 50% in recent months. After 4 years of controversy and hatred, voters are likely to go for a leader who can bring forth a more bracing, invigorating and democracy expressive nation. 

More exchanges and publicity will be seen from the Presidential candidates. The brief superficial uptrend will quickly be overshadowed by the election result and market news, leading to further discontentment and uncertainty to the stock market. Let’s hope there will be lesser news on more homes being destroyed or affected due to drastic weather and natural forces during this period.

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