Hi Shoppers,

WOW!! What a day Friday was!

Now the question is where do we go from here?

The crazy thing is looking back at the last two times the S&P 500 futures traded down to this pitchfork level, the next day was a face ripping recovery rally retracing the entire selloff!

Check it out:

Then big moves higher.

Here it is on the QQQs:

I am not saying this will happen again but… we do have major elections happening on Tuesday.

I have been telling my members the index to watch is the VanEck Semiconductor ETF (SMH) which is also breaking down trading down over 8% on Friday:

Watch for this one to retrace to $521 before selling off to the bottom of the pitchfork at $503.

Speaking of the elections, as always, Option Pit is here to guide you through it all.

Garrett Baldwin will be hosting a live 3-day event starting Monday at 10 AM to discuss markets and elections.

All our traders will be making appearances also with what they are seeing.

A cannot miss event!

Tap this link to join.

Seats are free

See you there!

Licia Leslie