The Eye of The Storm
There remains very few edges in place coming into today. The market is going to move with Washington. If there’s no movement there will likely be a slow-to-moderate drip lower. Any progress will likely lead to a rally, especially based on yesterday’s behavior with prices moving higher from the opening.
Despite the media’s hysteria, shutdowns like this were commonplace for a number of years and you can see how often they’ve occurred and their length of time here – https://en.wikipedia.org/wiki/
With everything neutral the best path is to wait until the S&P moves to one extreme or the other and then act accordingly from there.
Today’s Potential Opportunities on Further Pullbacks
Stocks
ETFs
None
For today’s official Daily Battle Plan set-ups click here.
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