This story came out today about Trump’s potential policy on cannabis. The statement by Chris Christie: 
When I was asked about the election, I talked about 3 commonalities among both candidates.
Therefore, I am not too surprised to see Chris Christie’s statement. rose over 14% in today’s session. Interestingly, the price action was inside the trading range of Monday. So, while MSOS bounced, did it actually bottom? My absolute favorite trade is when I am keen on an industry or trend, and I have a chance to buy it after a huge crash a lot cheaper. Druckenmiller said he likes to start investing when he sees a trend 12-24 months before it happens. That’s me too. So, if MSOS bottomed today here is what I will look for:
If we can get all things to line up, Wednesday takes out Monday’s high, momentum goes to a mean reversion and the volume patterns continue to come higher than average.. A gift. Nonetheless, always have a plan.
ETF Summary (Pivotal means short-term bullish above that level and bearish below) S&P 500 () Almost had a reversal top-nope-just a correction Russell 2000 () 227 support 244 the area to clear Dow () This DID have a reversal top-so could see a return to 225 Nasdaq () 500 support 530 resistance Regional banks () 65 pivotal Semiconductors () 260 resistance 243 support Transportation () 71 now key to hold Biotechnology () wow-wasn’t expecting this down day-142 support Retail () 80 cleared for a day-needs to get back above or failure iShares iBoxx Hi Yd Cor Bond ETF () 79.50 pivotal-back below More By This Author:
