Get ahead for Tuesday October 5, 2021

All major indices continued the sell off today on big volume as oil and commodity stocks continued higher. One possible clue to the chance for a turnaround Tuesday was the QQQ undercut and reclaim of the July low. A possible scenario that could bode well for a bounce would be a gap down and retest of today's low followed by the bulls stepping in and taking the market green. Tomorrow's watchlist and game plan includes many bounce setups should the above scenario play out. But like always stay open minded and just play the price action in front of you.