Yesterday markets sold off as much as 2.5% percent. You can pick the reason. Profit-taking, reduce risk ahead of the election, can we still factor in COVID?
But the dip was being bought by the end of the day. The VIX ticked higher as volatility is surging, but I actually ended up with a much bigger watchlist than normal. So I can’t call this bearish.
Futures are up this morning. It’s likely to be a busy day, I’ll be moving quickly and taking perfect setups only.
Watch the election results tonight. So long as at least one Republican wins we stay bullish.
*AAME watching for a setup above $2.80
*BYFC is on watch
*SGBX has resistance at $6.50
*EYPT watching for a setup above $9
*ICON has resistance at $1.50
*SOL has resistance at $13
*GILT watching for a setup above $7
*ALRN watching for a setup above $2.50
CLSD is on watch
PAVM has support at $2
CHEK is on watch
RESN has support at $3.10
MLSS has support at $2.30
AQMS has resistance at $3.80
RRD has support at $2.30
CRIS watching for a setup above $9
SLCA has support at $8, resistance at $9
JAGX is on watch
VTGN has support at $2.20
TRXC has support at $1
VRAY is on watch
TIGR has support at $8.50
TTI watching for a setup above $1
NOVN has support at $1.20
OCGN has resistance at $3.50
BNGO is on watch
PGEN watching for a setup above $11
AMRS has support at $7
MTNB has support at $1.60