Watchlist: 10/29 Dead Cat Bounce

Market Notes:

Yesterday was one of the biggest single day selloffs of the year. In a normal year it would’ve likely been the worst but 2020 is far from normal on any front.

Futures are green at writing but are trending down. We may experience a dead cat bounce before the sell-off continues.

The VIX is high. I’m watching for the selloff to continue through the election


UUU is a low float, key level at $4

ZDGE is a low float, watching for a setup above $3.50

TANH is a low float, resistance at $3

MGEN has resistance at $1.60

CYH has resistance at $6

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