While we never got to 13,600 again, if you’ve been following along, I’ve been suggesting selling rallies, with tight buy stops. That being said, we traded down to 13,126, which is just 6 ticks away from an old chart low at 13,118.
I’d be looking to cover any existing shorts, and look for a bounce on an over sold, emotional move.
We’ve gotten some iffy earning reports, we are heading 13 days in front of the election.
I just don’t see any major moves, higher or lower between then..
I’d definitely be a buyer at the 13,000 level on the initial flush down.
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