market close to breaking critical support

[Phil]

Looks like the market is close to breaking critical support: 1370 is $spx Aug. 2007 low and 2386 is Aug.2007 low for the Nasdaq.

[FibMaster]

The markets don't look strong at all. It's not too late for a rally to change that picture though. Where are the buyers? Do we have to struggle to find buyers until the election is over? That's a long time!

The indexes are a bearish picture right now, at the very least we need to see some up-days for that to change. As long as we're putting in down-trends intraday, shorting is the game. Take profits on dips, short the rallies.