The market managed to log its 8th consecutive negative session, something it has not done since 2008. The difference however is back then the market was down 23% in the same time frame vs a somewhat negligible 3% this time. The lower low today touched the target level of 2075-2085 mentioned yesterday and we could see a counter-rally as soon as tomorrow as long as support doesn't get breached. I couldn't resist the temptation so I bought back what I sold last week at the low and will probably sell tomorrow or Monday right before the election. A test of the Trend Average in a day or two seems like a long shot so I will be happy with a test of the 2114 resistance level.
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Short Term Trend = Bearish
Medium Term Trend = Bullish trend being challenged
Long Term Trend = Bullish