With the small caps imploding and 4 trading days until the election is over, the outlook is negative.
Tightening poll numbers continued to weigh on the market and fund managers are fleeing the small caps. Unfortunately, it looks like we are headed for another dip on Thursday with the S&P futures down -5 when the evening session opened. There is no reason for us to jump into the high volatility just so we can be stopped out a day later. I recommend we remain on the sidelines until the volatility eases.
NEW BULLISH Plays
No New Bullish Plays
NEW BEARISH Plays
No New Bearish Plays