Hi Lee,

If I was playing this directly, I would be getting short before the close, especially after seeing her crawl back to test the unchanged line this afternoon but failing to regain/hold positive territory. The weekly chart shows that this baby is now a bear, with the 40wma (1380ish) being a likely near-term target. The path of least resistance appears to be down IMHO. I would not entertain any long postions in this beast until after the election.