$SPY bounced cleanly off a previous level in yesterday’s session. We’ve been speaking out this rejection level all week and yesterday the boys played it perfectly.
The ETF is continuing its run-up in the early hours of today’s PM trading; gapping up nearly a point so far, with plenty of time before the bell.
The final presidential debate was last night with a few vaccine names mentioned by Trump – coincidence?
Currently, we’re looking at 7 securities in today’s PM session; however, this will get narrowed down as we get closer to the bell.
Sectors: Consumer Discretionary, Consumer Staples, Health Care, Tech
As always- if this, then that.
Keep it simple.
Members, check the Video Library for our detailed plan.