Watchlist: 10/28 Mixed Close, High Risk

Market Notes:

Yesterday we saw some strange trading. The Nasdaq closed well in the positive while the S&P 500 and the DOW closed in the red.

Markets appear very choppy at the moment but the trend is still certainly down. The SPY had been trading in a down-trending channel and has fallen through the bottom of that channel in the premarket.

Futures are pointing towards a bloody open. Down more than 1% at writing.

Risk is high as the election draws closer.

I’ve only a taken two trades this week. I could be on the sidelines again today. You can’t lose what you don’t risk.

Watchlist:

TANH is a low float, support at $2.75

PBI has resistance at $7.67

PLTR watching for a setup above $11

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