In continuation with the moves lower from yesterday and the past few days, I am looking for continued moves lower. Ultimately, until we get a solidified stimulus package, there is no real reason for the market to be up this high. Given that, most likely we are not going to know what a stimulus package is going to look like until we know what the makeup of Congress and the Presidency looks like, and that won't happen until we get passed the election. That means any stimulus is not going to happen until after January, most likely. That is a bit down the road. Ultimately, I am looking for a test of the 3,400 first, then a push lower to 3,200.
SPX
SPX
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