Now that I had time to look at the charts... EW idea to keep in mind in the coming bounce in the days after the election. As I have been saying for weeks, 1. Breadth was very bad. 2. Weekly charts were bearish. Today weekly charts for SPX QQQ MAGS TOPT XLK are all bearish. (VIX weekly is bullish). Unless price reverses and recovers these, we are going down to eoy. We closed the week at the weekly R2 7580 y'day from the Oct 6th top you see a completed abc, with a=c at S1 This could be A Daily and weekly pivots are at 7685 so price will want to get at least there in a B bounce (if not higher) if higher, the .618-718 area is a target 7725-7775. This would close the fvg at 7700 Another abc with a=c would target C at S2 around 7400 which is the h&s target area and just under the 7480 vwap. vwaps/std devs below are 7150 area and 6850 area