Stock market is expected to open flat lower on Tuesday. Its still not ready for sell off or major correction yet. In order for market to correct. It need to close below 13934 and S&P500 need to close below 1514. It doesnt mean stock market will rally either. Today Gold and Silver sold off eventhough US dollar index was flat. Multiple time, Vix, Equity, Gold, Silver were red, and its impossible to judge the direction of the side way market. Avoid this market. Be in cash or use trailing stop if your long.
Watchout: MDT, ESRX, MDRX, BJRI, DELL, CF, HLF, MM
|Every drop is followed by sharp rally.|
|Very Difficult to trade this flat low volume market as stock moved in tight range.|