Flat market… But is the NASDAQ oversold?

How our Pros are navigating the "September Slump"

Worried about the upcoming September Slump? Join us on Ask The Pros today at 12pm Eastern

Is the NASDAQ oversold? This sector is set to lead! Sell off in stocks to turn around? Bonds to rally? Or break down further? Click Here To Watch Now!

The market is going to challenge the weekly open which is 4024. I'm using a pivot number of 3958 on the ES (S&P 500 futures). As we go to press after the employment report the ES is trading around 3990. The real test will come after Europe closes with the 3-day weekend. If we go to the weekly open 4024 the SPY will be around 401.46. Be sure to listen to my TBUZ TV this morning here. Get today's Pre-Market Planner numbers here. ~ TBUZ

Watch these levels on the SPY in September. Seasonally it's rocky – Find out how our Pros will navigate this historically down year during the seasonally worst month of the year today on Ask The Pros. Live at 12 PM ET. ► The event is free and the education … priceless!

There's not a whole lot of support in the S&P until we hit the 3600 level… so we've still got quite a way to go. ► But that's ok, because today's daily pick is an inverse ETF, allowing you to short the Nasdaq. Click the video for details.

Kind words from our best students: "UUP up 20%. EPV up 6.16%. PSQ up 1.39%" — Raymond H., a follower of Don Yocham

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