There is Nervousness Out There
The overall market is now moderately oversold. Yesterday’s selling was more traditional of a pullback with QQQ and IWM declining sharply and the higher quality S&P 500 stocks, rising for the day as seen in SPLV (S&P 500 Low Volatility ETF). There is nervousness out there and another 1-2 days further of a pullback will likely lead to a healthy rally.
Today’s Potential Opportunities on Further Pullbacks:
For today’s official Daily Battle Plan set-ups click here.