Welcome to the Elections…Get out and vote!!
A quick pass by the Lincoln Park Library Sunday showed a snaking line 2 hours long.
All the RSI’s get relieved in one instant with one new statement with the exception of the Oil which remains moderately oversold.
I don’t think the next couple of sessions will be sedate.
Spu’s…last weeks 2114 momentum level comes in today @ 2112.
2123 is the lowest risk sell level.
It will be interesting to see if the long VIX crowd will puke or hold.
Many of you have to be invested in the market. Depending upon how the U.S. trades after New York opens, another opportunity to buy portfolio protection should present itself.
Options traders can eyeball the UVXY options that expire Wednesday
